This member only information is provided as a general guideline for the retention of many records. Due to the magnitude of legal requirements, as well as the specific needs of each company, it is advisable for MMA members to consult legal counsel before implementing a tailored records retention policy. In addition to these general guidelines, each business should consider any industry standards that may affect the holding period of records due to unusual legal circumstances.
The retention periods indicated reflect requirements currently in effect. Because record retention periods are constantly changing, it is necessary to evaluate record retention policies and programs periodically.
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