Here are questions asked regarding credit union loan files.  The company
I work for is the middle man - we do sub-prime auto loans and we image
all loan documents and send the originals to the credit union.  Would
someone be so kind as to lead me to a web site to answer these
questions?  I have looked up a statute that indicates the imaged file is
legally binding, but the question as to giving the loan contract back to
the customer makes sense.  Please advise from the questions.  Thanks.

1.  Are there any state or federal regulatory requirements indicating
that ORNL should retain originals versus simply retaining images. (For
example, does Tennessee require a lender to provide a borrower with the
original contract stamped "Paid" once the loan is paid off?)

2.  If regulations stipulate that originals should be retained, which
original documents from a loan file must they retain and for how long?

3.  Are there any legal proceedings that could conceivably require the
credit union (or us) to present original documents from a loan file?

4.  If so, what documents would need to be retained for these legal
proceedings, and how long would ORNL need to retain them?

Tina Clayton
Contract Analyst/Records Information Manager
Centrix Financial
6782 S. Potomac
Centennial, CO 80112
303-391-3539
Fax: 866-475-3645
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-----Original Message-----
From: Records Management Program [mailto:[log in to unmask]] On
Behalf Of A.Khramtsovsky
Sent: Friday, July 01, 2005 9:56 AM
To: [log in to unmask]
Subject: Raindrop: Senior official describes situation in Russian
archives as "catastrophic"

State-of-the-art of the Russian Archives: Salaries of the Archivists is
the Most Urgent Problem. In February the Head of the Russian Archives
Administration (Rosarchiv) Dr. V.P. Kozlov was reporting to the board of
senior officers of the Ministry of Culture and Mass Communications about
the results achieved in 2004 and the plans for the year 2005 ... The
main factor is the insufficient salaries and social protection of
Russian archivists...

Full story is here:  http://eos.ru/eos/150074

Natasha Khramtsovsky
Senior RIM expert,
"Electronic Office Systems" (EOS)
Elektrozavodskaya ul., 52,
Moscow, 107023, Russia
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EOS news in English: http://eos.ru/eos/eos_newseng

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