378-D - Preservation of books and records.

§  378-d.  Preservation  of  books and records. Every savings and loan  association shall preserve all its records  of  final  entry,  including  cards used under the card system and deposit tickets, for a period of at  least six years from the date of making the same or from the date of the  last entry thereon; provided, however, that preservation of photographic  reproductions  thereof  or records in photographic form shall constitute  compliance with the requirements of this  section.  Notwithstanding  the  foregoing,  the banking board may prescribe by regulation such period of  time longer or shorter than six years during which all records  kept  by  savings  and  loan  associations  as  fiduciary  shall  be  preserved in  original form.