The following are rules for a website data room to be used by the seller in an auction process for selling a company or assets, where the data room is accessed online. For rules to be used with a physical data room, see Standard document, Data room rules: acquisitions.
Ensure that only authorized individuals can access the data room
Maintain the confidentiality of information contained within the data room
Ensure that all information is accurate and up-to-date
Ensure that the data room is secure from unauthorized access
Ensure that the data room is accessible only during specified times
Ensure that all information contained within the data room is destroyed after the acquisition process is complete
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