legal value

usefulness of a record in complying with statutes and regulations, as evidence in legal proceedings, as legal proof of business transactions, or to protect an individual's or organization's rights and interests See also administrative value, evidential value, fiscal value, historical value, intrinsic value, and value.

the usefulness of a record as evidence before the law. See evidential value.

In appraisal, the usefulness of records containing evidence of legally enforceable rights or obligations. Also refers to retentions specified by statute, rule, or regulation.