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Subject:
From:
"Richard G. King, Jr." <[log in to unmask]>
Reply To:
Records Management Program <[log in to unmask]>
Date:
Wed, 17 Aug 2005 09:12:52 -0700
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David Gaynon wrote:

>I have a question for my fellow records managers on the list. My
>understanding is that retention requirements are commonly derived from
>legal, business, fiscal, and sometimes historical needs for evidence.  Why are legal and fiscal separate categories when fiscal requirements are
>typically defined by laws and regulations.  Is this just the way some
>archivist (Schellenberg maybe) laid it out back in the olden days?  If
>anyone knows the answer to this one I would greatly appreciate it.
>
>
>
Dave,
One thing that immediately comes to mind is contract law.  One may need
to keep certain "fiscal" records for a period of time that would be
necessary to defend a breach of contract allegation and that retention
might exceed the retention period for the record as a "fiscal" record.
Dick King, University of Arizona.

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