2006 Utah Code - 67-4a-601 — Records retention.

     67-4a-601.   Records retention.
     (1) Except as provided in Subsection (2), each holder required to file a report under Part 3 shall maintain a record of the name and last-known address of the owner for five years after the property becomes reportable.
     (2) Any business association that sells in this state its traveler's checks, money orders, or other similar written instruments, other than third-party bank checks on which the business association is directly liable, or that provides such instruments to others for sale in this state, shall maintain a record of those instruments while they remain outstanding, indicating the state and date of issue for three years after the date the property is reportable.

Enacted by Chapter 198, 1995 General Session