Okla. Stat. tit. 68, § 68-2357.74C

A. Each qualified rural small business capital company shall

prepare and maintain on a current basis the following records and

make them available to the Oklahoma Tax Commission upon request:

1. Files for each director and principal of the capital company

including the name, address, social security number or federal

identification number and such other identifying information as the

Tax Commission may require;

2. Records concerning all securities issued by the capital

company which include:

a. the type of the security issued,

b. the name, address and telephone number of the

investor,

c. the date of the transaction, and

d. the total amount of the qualified investment;

3. Records relating to each person making a qualified

investment which shall include the social security number or federal

tax identification number of each investor;

4. Records relating to each Oklahoma rural small business

venture in which the capital company made a qualified investment

which includes:

a. the name of the business,

Oklahoma Statutes - Title 68. Revenue and Taxation Page 859

b. location of the headquarters and principal business

operations of the business,

c. a description of the type of business in which

engaged,

d. evidence that the venture meets the definition of an

Oklahoma rural small business venture,

e. a copy of any contractual agreement entered into

between the capital company and the venture,

f. the amount of qualified investment in the venture,

g. the type of investment along with supporting

documentation,

h. the date of the investment, and

i. the source of the funds invested;

5. Organizational documents of the qualified rural small

business capital company and any additional documents relating to

the organization or operation of the capital company as requested by

the Tax Commission;

6. Records relating to all capitalization of the capital

company which is not invested in Oklahoma rural small business

ventures;

7. Records relating to all distributions made by the capital

company which includes the date of the distribution, the amount of

the distribution, to whom the distribution was paid, and the purpose

of the distribution; and

8. All other records that may be requested by the Tax

Commission.

B. All records required by this section shall be preserved for

a period of ten (10) years.