[Code of Federal Regulations]
[Title 40, Volume 28]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 40CFR763.178]

[Page 802]
 
                   TITLE 40--PROTECTION OF ENVIRONMENT
 
         CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY (CONTINUED)
 
PART 763--ASBESTOS--Table of Contents
 
Subpart I--Prohibition of the Manufacture, Importation, Processing, and 
   Distribution in Commerce of Certain Asbestos-Containing Products; 
                          Labeling Requirements
 
Sec. 763.178  Recordkeeping.

    (a) Inventory. (1) Each person who is subject to the prohibitions 
imposed by Secs. 763.165 and 763.167 must perform an inventory of the 
stock-on-hand of each banned product as of the effective date of the ban 
for that product for the applicable activity.
    (2) The inventory shall be in writing and shall include the type of 
product, the number of product units currently in the stock-on-hand of 
the person performing the inventory, and the location of the stock.
    (3) Results of the inventory for a banned product must be maintained 
by the person for 3 years after the effective date of the Sec. 763.165 
or Sec. 763.167 ban on the product.
    (b) Records. (1) Each person whose activities are subject to the 
bans imposed by Secs. 763.165, 763.167, and 763.169 for a product must, 
between the effective date of the Sec. 763.165 or Sec. 763.167 ban on 
the product and the Sec. 763.169 ban on the product, keep records of all 
commercial transactions regarding the product, including the dates of 
purchases and sales and the quantities purchased or sold. These records 
must be maintained for 3 years after the effective date of the 
Sec. 763.169 ban for the product.
    (2) Each person who is subject to the requirements of Sec. 763.171 
must, for each product required to be labeled, maintain a copy of the 
label used in compliance with Sec. 763.171. These records must be 
maintained for 3 years after the effective date of the ban on 
distribution in commerce for the product for which the Sec. 763.171 
requirements apply.

[54 FR 29507, July 12, 1989, as amended by 54 FR 46898, Nov. 8, 1989; 58 
FR 34205, June 23, 1993]