§ 32.12   Records.

   (a)  The  company's financial records shall be kept in accordance with
   generally accepted accounting principles to the extent permitted by this
   system of accounts.

   (b)  The  company's  financial  records  shall be kept with sufficient
   particularity to show fully the facts pertaining to all entries in these
   accounts. The detail records shall be filed in such manner as to be readily
   accessible for examination by representatives of this Commission.

   (c) The Commission shall require a company to maintain financial and other
   subsidiary records in such a manner that specific information, of a type not
   warranting  disclosure  as  an  account or subaccount, will be readily
   available. When this occurs, or where the full information is not otherwise
   recorded in the general books, the subsidiary records shall be maintained in
   sufficient detail to facilitate the reporting of the required specific
   information. The subsidiary records, in which the full details are shown,
   shall  be  sufficiently  referenced to permit ready identification and
   examination by representatives of this Commission.

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