rights-and-interests records

n. Vital (or essential) records that document the privileges, possessions, and concerns of an organization or individuals with whom it does business.

Notes

Vital records2, also called essential records, include emergency operating records and rights-and-interests records. Emergency records are typically stored in paper format to avoid machine and power dependence. They describe responsibilities, including delegation of authority and line of succession. Examples include the records necessary to mobilize and protect manpower and resources and to ensure health, safety, and order. Government agencies may also include records relating to the mobilization of military, civil defense, and public health operations. Rights-and-interests records include those records necessary after initial recovery to protect the assets and rights of the organization, its employees, and others. Rights-and-interests records may include payroll, leave and insurance records, titles and deeds to real property, contracts, and other similar data.