Section 57.02. Records management.

Latest version.

(1) Designation of records manager. The board of directors of each credit union shall by resolution designate one employee as its "records manager," responsible for the supervision and management of the credit union's program for the preservation, retention and destruction of records under this chapter and the applicable requirements of the internal revenue service and other government agencies.

(2) Records management. If a credit union utilizes a records storage center or records management service, the center or service shall agree in writing to comply with the requirements of this chapter and to produce the credit union's records promptly for inspection by the office of credit unions.

Cr. Register, October, 1997, No. 502 , eff. 11-1-97.

                    
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