(A) The franchisee shall keep complete and accurate books of account and records of its business and operations in connection with any franchise granted under this chapter.
(B) Upon request, Louisville Metro shall have access to all books of account and records of the franchisee for the purpose of auditing franchise fee or tax payments and of ascertaining the correctness of any and all reports and may examine its officers and employees in respect thereto.
(C) Any false entry in the books of account or record submitted to Louisville Metro, or false statements in reports to Louisville Metro, as to material fact, knowingly made by the franchisee, shall constitute a breach of a material provision of this chapter and any franchise agreement or ordinance hereunder, for which the remedies provided in this chapter may be invoked.
(Lou. Metro Ord. No. 77-2018, approved 5-29-2018)