Each motor fuel distributor shall maintain and keep for a period of three years, records of all transactions by which the distributor receives, uses, sells, delivers or otherwise disposes of motor fuel within this state, together with invoices, bills of lading and other pertinent records and papers as may reasonably be required by the department for the administration of this division.
If in the normal conduct of a distributor's business the distributor's records are maintained and kept at an office outside the state of Iowa, it shall be a sufficient compliance with this section if the records are made available for audit and examination by the department at the office outside Iowa, but such audit and examination outside Iowa shall be without expense to the state.
Each dealer handling motor fuel in this state shall maintain and keep for a period of two years records of all motor fuel purchased or otherwise acquired by the dealer, together with delivery tickets, invoices, and bills of lading, and such other pertinent records as the department shall require.
The department, after an audit and examination of the records of a distributor or dealer may authorize their disposal, the authorization to be in writing after request by the distributor or dealer.
[C27, 31, § 5093-a4, -a5; C35, § 5093-f5, -f8; C39, § 5093.05, 5093.08; C46, 50, 54, § 324.7, 324.11; C58, 62, 66, 71, 73, 75, 77, 79, 81, § 324.10]
C93, § 452A.10
Referred to in § 452A.6, 452A.37
Iowa General Assembly
Search: Iowa Code 1995
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