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The head of each Federal agency shall make and preserve records containing adequate and proper documentation of the organization, functions, policies, decisions, procedures, and essential transactions of the agency and designed to furnish the information necessary to protect the legal and financial rights of the Government and of persons directly affected by the agency’s activities.
[See the full post at: Records Management by Federal Agencies (44 U.S.C. Chapter 31) under Federal Records Act of 1950]
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