18 NCAC 12 .1314             RECORD RETENTION BY FILERS PURSUANT TO G.S. 120C-800(a) OR 120C-800(c) REQUIREMENT WHEN AN INVESTIGATION IS OPEN

Persons permitted or required to file a document with the Department pursuant to G.S. 120C-800(a) or G.S. 120C-800(c) subject to Rule .1313 of this Chapter shall maintain such records until three years from the later of:

(1)           Receipt of notice that the investigation has been closed and that no further action will be taken by the investigating authority and no other related investigation or inquiry is open; or

(2)           Termination or closure of any judicial or quasi-judicial proceeding related to the investigation or inquiry.

History Note:        Authority G.S. 120C-101(a); 120C-101(b); 120C-200; 120C-206; 120C-207; 120C-215; 120C-400; 120C-401; 120C-402; 120C-403; 120C-404; 120C-600; 120C-603; 120C-800;

Temporary Adoption Eff. January 1, 2007;

Eff. December 1, 2007;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. September 23, 2017.