Legal Question in Business Law in Texas
How long are you required to hold on to files, such as survey reports, for customers? We are switching storage facilities and need to know how far back we need to keep.
Asked on 9/24/10, 11:06 am
1 Answer from Attorneys
Robert Stephens
Stephens & Stephens
A good rule of thumb is 6 years, but there may be a state statute in your state telling you how long to keep them. Statutes of Repose regarding claims against you may exist for engineers and architects and in Texas they are 15 years.
Answered on 10/06/10, 6:05 am
Related Questions & Answers
-
Can a business owner legally cut the salary of employees, and continue to spend... Asked 9/23/10, 11:16 am in United States Texas Business Law
-
I did a freelance job on verbal agreements. I have emails back and forth that... Asked 9/21/10, 5:24 pm in United States Texas Business Law
-
I started an LLC with two other partners. To date I have done all the paperwork,... Asked 9/20/10, 1:29 pm in United States Texas Business Law
-
If i am suing a business, like a mechanic, how much and what can i sue them for? I... Asked 9/19/10, 8:59 am in United States Texas Business Law
-
I am working with a group of Scientists that have made a major breakthrough in an... Asked 9/18/10, 12:33 pm in United States Texas Business Law