Tennessee § 66-29-126 - Retention of records by holder.

§ 66-29-126. Retention of records by holder.

A holder required to file a report under § 66-29-123 shall retain records for ten (10) years after the later of the date the report was filed or the last date a timely report was due to be filed, unless a shorter period is prescribed by rule of the treasurer. A holder may satisfy the requirement to retain records under this section through an agent. The records must contain: The information required to be included in the report; The date, place, and nature of the circumstances that gave rise to the property right; The amount or value of the property; The last address of the apparent owner, if known to the holder; and If the holder sells, issues, or provides to others for sale or issue in this state traveler's checks, money orders, or similar instruments, other than third-party bank checks, and on which the holder is directly liable a record of the instruments while they remain outstanding indicating the state and date of issuance. Acts 2017, ch. 457, § 1. Compiler's Notes. Former § 66-29-126 (originally § 66-29-125 ) (Acts 1978, ch. 561, § 25; T.C.A., §§ 64-2925, 66-29-125 ), concerning the examination of private records by the state treasurer, was repealed by Acts 1993, ch. 195, § 19, effective July 1, 1993. Original § 66-29-126 was transferred to § 66-29-127 . Former title 66, ch. 29, part 1, §§ 66-29-101 —69-29-155 (Acts 1978, ch. 561, §§ 1-11; 1978, ch. 561, § 13-24; 1978, ch. 561, §§ 26-31, 33; T.C.A., §§ 64-2901—64-2910, 66-29-103 —66-29-110; T.C.A., §§ 64-2911, 66-29-111 ; T.C.A., §§ 64-2913—64-2924, § 66-29-124 ; T.C.A., §§ 64-2926—64-2932, §§ 66-29-126 —66-29-132; Acts 1979, ch. 226, § 22; 1980, ch. 448, §§ 1-4; 1980, ch. 606, §§ 1-3; 1980, ch. 813, § 1; 1982, ch. 575, § 1; 1983, ch. 78, §§ 1-5; 1984, ch. 544, §§ 1-8, 10-12; 1985, ch. 401, §§ 1-4; 1986, ch. 539, §§ 11-19; 1987, ch. 43, §§ 1-3; 1988, ch. 485, § 1; 1989, ch. 424, §§ 1, 2; 1991, ch. 194, §§ 1-3; Acts 1991, ch. 222, § 1; 1993, ch. 195, §§ 1-18; 1994, ch. 773, §§ 2, 3; 1995, ch. 445, §§ 1-4; 1996, ch. 642, §§ 1-3; 1996, ch. 1079, § 146; 1997, ch. 353, §§ 1-3; 1997, ch. 297, § 1; 1997, ch. 536, § 1; 1998, ch. 1010, §§ 1, 2; 2001, ch. 231, §§ 1, 4-8; 2001, ch. 157, §§ 1-7; 2001, ch. 231, §§ 2, 3; 2001, ch. 291, § 1; 2003, ch. 78, §§ 1, 2; 2003, ch. 101, §§ 1, 2; 2003, ch. 248, §§ 1-3; 2005, ch. 141, § 2; 2006, ch. 611, § 1; 2007, ch. 291, § 1; 2008, ch. 937, § 1; 2010, ch. 756, § 1; 2010, ch. 791, §§ 1, 2; 2011, ch. 285, §§ 1-5; 2016, ch. 937, §§ 2, 3, repealed by Acts 2017, ch. 457, § 1, effective July 1, 2017) concerned the Uniform Disposition of Unclaimed (Personal) Property Act. Effective Dates. Acts 2017, ch. 457, § 7. July 1, 2017; provided that, for purposes of promulgating rules, the act took effect May 25, 2017.