New York Private Investigator Regulations Practice Exam

For how long must a private investigator retain their business records?

1. 1 year

2. 2 years

3. 3 years

4. 5 years

The correct answer is: 3 years

A private investigator in New York is required to retain their business records for a minimum of three years. This retention period is established to ensure that investigators maintain an adequate history of their professional activities which can be essential for various reasons, such as audits, compliance with legal obligations, and accountability. Keeping records for at least three years allows for a thorough review of operations should any issues arise or if the investigator needs to provide evidence of their activities during that timeframe. The law reflects the importance of record-keeping in maintaining professional standards and ensuring that private investigators operate transparently. This also aids in protecting both the investigator and their clients if there are disputes or inquiries regarding the services provided.