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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 150. Oklahoma Department of Commerce |
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Chapter 1. General Rules of Practice and Procedure |
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Subchapter 9. Records and Inspections |
SECTION 150:1-9-10. Destruction of records
Latest version.
- The Director of Administrative Services and the Purchasing Officer, in consultation with Executive Director and the General Counsel, will develop a process for the destruction of records that is in compliance with the rules and requirements of the programs administered by the Oklahoma Department of Commerce. Financial records of the Oklahoma Department of Commerce shall be destroyed after five (5) to seven (7) years, depending upon the financial records and applicable rules and regulations, after the applicable audits have been completed and all applicable audit reports have been accepted and resolved by all applicable federal and state agencies and provided no legal actions are pending. If legal action is pending the affected records are to be destroyed two (2) years after exhaustion of all legal remedies provided the records meet all stipulated retention requirements.