Every agent of a foreign principal registered under this subchapter shall keep and preserve while he is an agent of a foreign principal such books of account and other records with respect to all his activities, the disclosure of which is required under the provisions of this subchapter, in accordance with such business and accounting practices, as the Attorney General, having due regard for the national security and the public interest, may by regulation prescribe as necessary or appropriate for the enforcement of the provisions of this subchapter and shall preserve the same for a period of three years following the termination of such status. Until regulations are in effect under this section every agent of a foreign principal shall keep books of account and shall preserve all written records with respect to his activities. Such books and records shall be open at all reasonable times to the inspection of any official charged with the enforcement of this subchapter. It shall be unlawful for any person willfully to conceal, destroy, obliterate, mutilate, or falsify, or to attempt to conceal, destroy, obliterate, mutilate, or falsify, or to cause to be concealed, destroyed, obliterated, mutilated, or falsified, any books or records required to be kept under the provisions of this section.
June 8, 1938, ch. 327, § 552 Stat. 633Apr. 29, 1942, ch. 263, § 156 Stat. 256Pub. L. 89–486, § 580 Stat. 247(, ; , ; , , .)
Editorial Notes
Prior Provisions
section 618 of this titlePrior to general amendment of act , by act , section related to penalties. Provisions on that subject were incorporated in by 1942 amendment.
Amendments
Pub. L. 89–4861966— inserted “in accordance with such business and accounting practices,” after “under the provisions of this subchapter,”.
1942—Act , amended section generally.
Statutory Notes and Related Subsidiaries
Effective Date of 1966 Amendment
Pub. L. 89–486section 9 of Pub. L. 89–486section 611 of this titleAmendment by effective ninety days after , see , set out as a note under .
Effective Date of 1942 Amendment
section 611 of this titleAmendment by act , effective on the sixtieth day after , except that prior to such sixtieth day the Attorney General may make, prescribe, amend, and rescind such rules, regulations, and forms as may be necessary to carry out act , see section 3 of act , set out as a note under .