<< I'm sure the answer is "It depends"  but thought I'd ask if there are any specific rules( governmental/industry) that would change the current retention rules/periods for the record types, given the entity has been dissolved?>>

In a past life, I found that retaining records of hazardous waste disposal was a real life saver.  While the legal requirement was short, we had determined that we should retain the records longer term as there is always a question of liability.

The records proved to be a real treasure when the vendor we used for disposal of batteries skipped the country.  When the regulators went to see what happened, the found that the disposal method that had been used for several years was a big hole in a back pasture.  The cost of cleanup was expected to be significant and they were looking for deep pockets to fund it.  Remember, the waste generator is always has final responsibility for any remediation.

We were able to provide records showing we had sent only a very small quantity of materials to the vendor. As a result, we were required to pay only a small contribution to the clean-up effort.

I do not believe in keeping records "just in case"  but there are times when possible liabilities are a compelling business reason to retain records.  

Bill Roach, CRM
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