6.1: Legal and Regulatory Requirements

Conduct legal research in consultation with legal counsel to determine all records retention requirements.

Other Information:

Federal, state, local, and even international laws mandate the retention of records and information for a specific period of time. To comply with these extensive laws and regulations, an organization must conduct legal research in consultation with legal counsel to determine all records retention requirements. Laws and regulations establish the minimum retention period for those records to which they pertain. Failure to comply with laws and regulations may result in costly penalties and loss of legal rights.

Indicator(s):

Indicator:1

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