A lender shall maintain all books, accounts and records necessary to determine the lender's compliance with this chapter.__ Books, accounts and records related to making deferred deposit loans must be maintained apart and separate from other books, accounts and records of the lender.__Books, accounts and records must be retained for at least 3 years after final payment on any deferred deposit loan.

§6190.__Reporting requirements

1.__Annual report.__A lender shall annually on or before March 31st submit a written report to the administrator with information required by the administrator concerning the deferred deposit loans issued during the preceding calendar year.__The report must be submitted in the form and manner required by the administrator.

2.__Other reporting.__Within 15 days of the event, a lender shall notify the administrator of any of the following events and describe the expected impact of the event on the business operations of the lender:

A.__The filing of bankruptcy, reorganization or receivership proceedings by or against the lender;

B.__Any regulatory or administrative proceedings instituted by any governmental authority involving the lender;

C.__Any felony indictments of the lender or its directors, officers, members, principals or partners; or

D.__Any felony convictions of the lender or its directors, officers, members, principals or partners.

§6191.__Examinations

1.__Examination.__The administrator may examine the books, accounts and records of a lender and make investigations to determine compliance with this chapter.__ At a minimum, the administrator shall conduct an examination of each lender licensed under this chapter at least once every 3 years.

2.__Expenses.__The expenses of the administrator necessarily incurred in the examination or investigation of a lender are chargeable to the lender.