Haw. Code R. § 16-605-62 - Preservation of records

(a) A water carrier shall not destroy any books, memoranda, and any other documents that support entries to its accounts, except as provided for by this section or by the commission.

(b) A water carrier shall preserve the following records permanently:

(1) General and subsidiary ledgers, journals, and journal entries;

(2) Certificates or abstracts of title of fixed assets, accounting records that pertain to the acquisition of fixed assets used in the water carrier's regulated operations, and accounting records that show the date of acquisition, purchase price, and accumulated depreciation of fixed assets; and

(3) Capital stock records and minutes of directors, stockholders, and other corporate meetings.

(c) A water carrier shall preserve all other records, memoranda, documents, papers, and correspondence for a period of not less than five years or for a longer period as may be ordered by other lawful authority.

Notes

Haw. Code R. § 16-605-62

[Eff 1/1/2019] (Auth; HRS §§ 269-6, 271G-7) (Imp: HRS §§ 269-6, 269-8.5, 271G-7, 271G-18)