54-109.17. Records.
(a) A credit union shall maintain all books, records, accounting systems and procedures in accordance with such rules as the Administrator from time to time prescribes. In prescribing such rules, the Administrator shall consider the relative size of a credit union and its reasonable capability of compliance.
(b) A credit union is not liable for destroying records after the expiration of the record retention time prescribed by the Administrator.
(c) A photostatic or photographic reproduction of any credit union records shall be admissible as evidence of transactions with the credit union.