Retention & Destruction

In light of the scandals surrounding Enron and Arthur Anderson and the myriad rules under federal and state laws, including the Sarbanes-Oxley Act of 2002, the development and implementation of a records management program has become a factor in day-to-day business operations.

Some of the questions to be asked and answered are:

  • What do I have to retain and for how long?
  • Are there special rules for computer generated or stored records and communications?
  • What happens if there is litigation?
  • Can I simply destroy my record files periodically?
  • Is it a good idea to have a records management program?