Guest KATHRYN01 Posted August 31, 2010 Posted August 31, 2010 Does anyone have an opinion on if the Plan Sponsor needs to keep the original signed promissory note (paper copy) or is an electronic copy sufficient? Thanks All!
mbozek Posted September 1, 2010 Posted September 1, 2010 Does anyone have an opinion on if the Plan Sponsor needs to keep the original signed promissory note (paper copy) or is an electronic copy sufficient?Thanks All! See DOL reg 2520-107-1(d) for disposal of paper records after transfer to electronic record keeping system that complies with the regulation. mjb
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