§ 1220.4 - Companies going out of business.

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Updated Versions
- Thursday, January 1, 1998
- Monday, January 1, 1996
Related Notices
- 97-7961. Final rule; technical amendments. 97-7961. Technical Amendments to Former Interstate Commerce Commission Regulations in Accordance with the ICC Termination Act of 1995

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§ 1220.4 Companies going out of business.

The records referred to in these regulations may be destroyed after business is discontinued and the company is completely liquidated. The records may not be destroyed until dissolution is final and all pending transactions and claims are completed. When a company is merged with another company under jurisdiction of the Board, the successor company shall preserve records of the merged company in accordance with these regulations.

                    
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§ 1220.4 - Companies going out of business.

§ 1220.4 Companies going out of business.