Sec. 30. (a) The seller shall maintain accurate records, books, and accounts for each contract sold under this chapter containing the following: (1) Copies of all contracts. (2) The dates of all contracts. (3) The amounts paid and received under each contract. (4) The complete name, address, and identification of all parties to each contract. (b) The seller shall maintain at the seller's principal Indiana business address complete records of all transactions under this chapter that involve the seller. The records may be audited and examined by the board at any reasonable time. (c) The seller shall maintain all records required by this section for the longer of: (1) ten (10) years; or (2) three (3) years after the date of full performance of a contract. The records are business records and customer lists within the meaning of IC 24-2-3 . (d) The requirements of this section apply to a seller, a successor seller, and a seller who was previously designated to provide services or merchandise to a purchaser.
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