<?xml version='1.0' encoding='utf-8'?>
<chapter num="09" heading="Retention" title_num="33" subtitle_num="20">
  <regulation prefix="Regulation" num=".01" heading="Records.">
    <paragraph num="A.">
      <text>Records Retained. The person doing public business who has filed a registration statement shall maintain detailed and accurate records of:</text>
      <paragraph num="(1)">
        <text>All contracts awarded by governmental entities to the person or attributed to the person that caused the person to be doing public business;</text>
      </paragraph>
      <paragraph num="(2)">
        <text>Applicable contributions made by or attributed to the person, including related notifications and policy documents; and</text>
      </paragraph>
      <paragraph num="(3)">
        <text>All statements of contributions filed by the person doing public business.</text>
      </paragraph>
    </paragraph>
    <paragraph num="B.">
      <text>Length of Retention. The records shall be retained until the earlier of:</text>
      <paragraph num="(1)">
        <text>10 years after the creation of the record; or</text>
      </paragraph>
      <paragraph num="(2)">
        <text>4 years after the performance is completed on the last contract that causes the person to be doing public business.</text>
      </paragraph>
    </paragraph>
    <paragraph num="C.">
      <text>Audit. The State Board, at its discretion, may audit the records retained by the person doing public business.</text>
    </paragraph>
  </regulation>
  <annotations>
    <annotation type="Authority">Election Law Article, §§2-102(b)(4), 14-105, and 14-109, Annotated Code of Maryland</annotation>
    <annotation type="History" subtype="Administrative History">Effective date: September 12, 2016 (43:18 Md. R. 1018)</annotation>
  </annotations>
</chapter>