Banking Records

12–605.12. Banking Records. A. Description: Cancelled checks and deposit slips written by the municipality along with the statements issued by the bank. Information includes (1) checks: date, to whom paid, amount, check number, authorized signature; (2) bank statements: list of checks for one month period, dates, beginning balance, ending balance; and (3) deposit slips: date, amounts of deposits, and total deposit. B. Retention: 3 years, then destroy. HISTORY: Added by State Register Volume 17, Issue No. 6, eff June 25, 1993.