A. Records Retention. A title service agent shall retain those records relating to the business for a minimum of 3 years. These records shall include, but are not limited to, transaction transmittal forms specified in Regulation .05 of this chapter and those records relating to the collection of:
(1) Excise tax;
(2) Titling and registration fees; and
(3) Other fees collected for the Administration.
B. These records shall identify the:
(1) Customer's file number;
(2) Customer's name and address;
(c) Vehicle identification number;
(4) Type of transaction; and
(5) Fees collected for the Administration.
C. The records shall be readily available for inspection by the Administrator or the Administrator's designated representative.