18 NCAC 12 .1318             RECORD RETENTION REQUIREMENT OF FILERS PURSUANT TO G.S. 120C-800(b) OR 120C-800(d) WHEN AN INVESTIGATION IS OPEN

Persons permitted to file a document and who did file a document with the Department pursuant to G.S. 120C-800(b) or G.S. 120C-800(d) subject to Rule .1317 of this Chapter, shall maintain such records until the earlier of the following:

(1)           The Department's jurisdiction over the person ceases; or

(2)           Three years from the later of:

(a)           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

(b)           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-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.