New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 12. Department of Labor |
Chapter VIII. Division of Labor and Management Practices |
Subchapter A. Reports and Records |
Part 550. Labor and Management Improper Practices Act-Rules and Regulations |
Subpart 550-3. Maintenance and Retention of Records |
Sec. 550-3.2. By employer
Latest version.
- (a) Every employer subject to the act shall maintain detailed and accurate books and records of account which shall include, without limitation:(1) Bank statements(2) Gross disbursements(i) the amount and date of each disbursement(ii) the name of the recipient of each disbursement(iii) the purpose of each disbursement(3) Cancelled checks(4) Collective bargaining agreements(5) Payroll sheets(6) Petty cash vouchers.(b) All such records shall be kept available for examination for a period of not less than five years after the end of the fiscal year.