Alex,
I know that when it pertains to financial records, there are certain
required periods of time, frequently seven years. I used to be a
Series 6 and 63 registered representative for the NASD, and I also
worked at Vanderbilt University Medical Center as an administrative
assistant dealing with grants.
I am going by memory, but I know we had to maintain financial
transaction records for seven years. When dealing with grants, the
document retention plan required us to keep documents for seven years
after the date the grant closed. So if a grant was renewed and
maintained for 20 years, we actually had to maintain files for 27
years. Yeah, convoluted, and I went round and round with different
departments making sure we were understanding the federal requirements
because we were just running out of room!
Garet
On Tue, Jan 26, 2010 at 6:26 PM, sasha babin <[log in to unmask]> wrote:
> Really,
> It is very interesting that many people think like
> " that all records must be kept for 7 years"
>
> One day, during discussion, I asked where does it come from.
> People were confused, because nobody could tell, and were confused more when I mentioned that it comes from Bible.
> I hope you remember that 7 years.
>
> May be somebody could point on sources about connection between Bible, and other religious books, and Information Management ( Archives, Records Management, Libraries, Museums)
>
> I think that if somebody will do this research on this topic, it would be very helpful and useful
>
> Regards,
>
> Alex Babin
--
M. Garet Bleddynn
========================
MA Candidate: Middle Tennessee State University, Public History Program
Blog: http://runeofbleddynn.blogspot.com
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