(A) Required; retention.
(1) Every licensee shall keep complete and accurate records of all transactions pertaining to gambling in the licensed establishment.
(2) All accounting records shall be retained for a period of three years unless written permission to do otherwise is obtained from the city.
(B) Gross income and expense. Every holder of a gaming license shall maintain records adequate to reveal gross income and expense relating to gaming operations.
(C) Corporate records. Corporate licensees shall keep available for inspection:
(1) A certified copy of articles of incorporation and any amendments thereof;
(2) A current copy of the bylaws;
(3) A current list of officers and directors;
(4) Minutes of all meetings of stockholders and directors;
(5) A current list of all stockholders, including their names and addresses and the number of shares held by each and date acquired;
(6) A complete record of all transfers of stock; and
(7) A record of amounts paid to the corporation for issuance of stock and other capital contributions.
(D) Partnership records. Partnerships shall maintain individual accounts in the general ledger for each partner shown separately:
(1) Dates of capital contributions and percent of interest held;
(2) Withdrawals of partnership funds or assets; and
(3) Salaries paid to each partner.
(E) Sole proprietorship records. A sole proprietorship shall maintain adequate records to reflect the original investment, subsequent additions thereto, and withdrawals therefrom.
(F) Inspection. No applicant or licensee shall neglect or refuse to produce records or evidence or to give information upon proper and lawful demand by an authorized agent of the city or shall otherwise interfere or attempt to interfere with any proper or lawful efforts by the city or any agent of the city to procure such information.
(2015 Code, § 2-7-12) Penalty, see § 115.99