According to the "Glossary of Records and Information Management Terms"
a Record is "Recorded information, regardless of medium or
characteristics, made or received by an organization that is evidence of
its operation, and has value requiring its retention for a specific
period of time."
 
One of the attorneys posited that a business record is what the company
says is a record ... that a company can unilaterally say that XYZ is not
a record (or is a non-record, or a transitory record), and therefore has
no obligation to retain. Does this fly from a litigation standpoint?
From a regulatory standpoint?
 
Nolene Sherman
Director of Records Management
Standard Pacific Homes
(949) 789-1668
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