Nev. Rev. Stat. § 370.255 — Maintenance and retention of records regarding certain transactions of wholesale dealers, retail dealers and manufacturers

NRS  370.255    Maintenance and retention of records regarding certain
transactions of wholesale dealers, retail dealers and manufacturers.
1.  Each:
(a) Wholesale dealer shall maintain copies of
invoices or equivalent documentation for each of its facilities for every
transaction in which the wholesale dealer is the seller, purchaser, consignor,
consignee or recipient of cigarettes. The invoices or documentation must
indicate the name and address of the consignor, seller, purchaser or consignee,
and the quantity by brand and style of the cigarettes involved in the
transaction.
(b) Retail dealer shall maintain copies of
invoices or equivalent documentation for every transaction in which the retail
dealer receives or purchases cigarettes at each of its facilities. The invoices
or documentation must indicate the name and address of the wholesale dealer
from whom, or the address of another facility of the same retail dealer from
which, the cigarettes were received, and the quantity of each brand and style
of the cigarettes received in the transaction.
(c) Manufacturer shall maintain copies of
invoices or equivalent documentation for each of its facilities for every
transaction in which the manufacturer is the seller, purchaser, consignor,
consignee or recipient of cigarettes. The invoices or documentation must
indicate the name and address of the consignor, seller, purchaser or consignee,
and the quantity by brand and style of the cigarettes involved in the
transaction.
2.  The records required by this section
must be preserved on the premises described in the license of the manufacturer,
wholesale dealer or retail dealer in such a manner as to ensure permanency and
accessibility for inspection at reasonable hours by authorized personnel of the
Department. With the permission of the Department, manufacturers, wholesale
dealers and retail dealers with multiple places of business may retain
centralized records, but shall transmit duplicates of the invoices or the
equivalent documentation to each place of business within 24 hours after the
request of the Executive Director or his or her designee.
3.  The records required by this section
must be retained for not less than 5 years after the date of the transaction
unless the Department authorizes, in writing, their earlier removal or
destruction.