1. A. Records Retained. The person doing public business who has filed a registration statement shall maintain detailed and accurate records of:

   1. (1) All contracts awarded by governmental entities to the person or attributed to the person that caused the person to be doing public business;
   2. (2) Applicable contributions made by or attributed to the person, including related notifications and policy documents; and
   3. (3) All statements of contributions filed by the person doing public business.

2. B. Length of Retention. The records shall be retained until the earlier of:

   1. (1) 10 years after the creation of the record; or
   2. (2) 4 years after the performance is completed on the last contract that causes the person to be doing public business.
3. C. Audit. The State Board, at its discretion, may audit the records retained by the person doing public business.

Authority: Election Law Article, §§2-102(b)(4), 14-105, and 14-109, Annotated Code of Maryland

Effective date: September 12, 2016 (43:18 Md. R. 1018)