Mich. Admin. Code R. 432.21521 - Raffle financial records; retention
Rule 521. All of the following financial records shall be available to authorized representatives of the bureau for review and shall be kept for at least the current calendar year plus 3 years or as directed in writing by the bureau:
(a) A copy of
the financial statement as prescribed by R 432.21522.
(b) Bank validated deposit slips for all
proceeds from the licensed gaming event.
(c) Bank statements from all financial
accounts where proceeds from the licensed gaming event were deposited or
transferred.
(d) Cancelled checks
or copies of checks, as prescribed by R 432.21519(7) from all financial
accounts where proceeds from the licensed gaming event were deposited or
transferred.
(e) Invoices or
receipts with the date, vendor's name, and a description of the item or service
for all expenditures made from financial accounts where proceeds from the
licensed gaming event were deposited or transferred.
Notes
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