Okla. Admin. Code § 260:80-1-37 - Records

Current through Register Vol. 39, No. 7, December 15, 2021

(a) The Agent shall retain Agency property acquisition records to comply with state and Federal records retention requirements. The Agent shall retain Agency records for a minimum of three years following completion of the period of use restrictions (POR) and requirements.
(b) The Agent shall retain records pertaining to items with use restrictions and requirements as shown in the table, below:
(1) Combat configured aircraft - Perpetual Period of Restriction (POR) - Perpetual Records Retention after POR;
(2) Firearms - Perpetual Period of Restriction (POR) - Perpetual Records Retention after POR;
(3) Non-combat aircraft - 5Year Period of Restriction (POR) - 3 Year Records Retention after POR;
(4) Vessels - 5Year Period of Restriction (POR) - 3 Year Records Retention after POR;
(5) Motor vehicles and items with OAC of or exceeding $5,000 - 18 months Period of Restriction (POR) - 3 Year Records Retention after POR;
(6) Items with OAC less than $5,000 - 1 Year Period of Restriction (POR) - 3 Year Records Retention after POR.
(c) The Agent shall retain records pertaining to noncompliance cases for a minimum of three years following the conclusion of the noncompliance case.

Notes

Okla. Admin. Code § 260:80-1-37
Adopted by Oklahoma Register, Volume 31, Issue 24, September 2, 2014, eff. 9/12/2014

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