Sec. 442.1. Retention of records at principal office required

Every corporation, company, association, joint stock association, partnership and person under the jurisdiction of this commission shall retain possession of all accounts, books, contracts, records, documents and papers, and hold them for inspection by the Public Service Commission or its agents or employees at the principal office of such corporation, company, association, joint stock association, partnership and person under the jurisdiction of this commission until this commission has approved of the transfer of its or their property.