§ 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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