[Code of Federal Regulations]

[Title 49, Volume 5]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 49CFR379.9]



[Page 138-139]

 

                        TITLE 49--TRANSPORTATION

 

                      DEPARTMENT OF TRANSPORTATION

 

PART 379_PRESERVATION OF RECORDS--Table of Contents

 

Sec. 379.9  Companies going out of business.



    The records referred to in the regulations in this part 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 Secretary, the 

successor company shall preserve records of the merged



[[Page 139]]



company in accordance with the regulations in this part.