AGENCY: Department of Financial Institutions

SERIES: 81348
TITLE: Holding companies registration files
DATES: 1981-
ARRANGEMENT: Alphabetical by name

DESCRIPTION: All financial institution holding companies are required to register with the department. This is reviewed by the department for discrepancies, improprieties, and other problems. This is then used as a reference tool by the agency when they want information about the company. These files include name and address of company, name and address of companies controlled by holding company, percentage of control, a certified copy of the company financial statement, the names, addresses, and occupation of each registrant on the form, a list of stockholders owning more than 5% of the company and an affidavit attesting to the correctness of the data.

RETENTION

Retain for 4 year(s)

DISPOSITION

Destroy.

RETENTION AND DISPOSITION AUTHORIZATION

These records are in Archives' permanent custody.

APPROVED: 06/1987

FORMAT MANAGEMENT

Paper: Retain in Office for 4 years after expiration and then destroy.

APPRAISAL

Administrative Legal

This retention is based in part on 12 CFR 12.3.