Municipal Advisor Records
Five-year records. Every municipal advisor should make and keep true and accurate records of the following for at least five years, the first two years in an easily accessible place:
- • Written consents to service of process from each natural person who is a person associated with the municipal advisor and engages in municipal advisory activities solely on behalf of such municipal advisor
- • Originals or copies of all written communications received
- • Originals or copies of all written communications sent by the municipal advisor
- • Check books, bank statements, general ledgers, cancelled checks, and cash reconciliations of the municipal advisor
- • A copy of each version of the municipal advisor’s policies and procedures that are current or were kept within the last five years
- • A copy of any document created by the municipal advisor that was material to making a recommendation to a municipal entity or obligated person
- • All written agreements (or copies of) entered into by the municipal advisor with any mu