Texas Property Code Title 11 Chapter 209 Section 209.005(m) reads as follows:
(m) A property owners’ association composed of more than 14 lots shall adopt and comply with a document retention policy that includes, at a minimum, the following requirements:
(1) certificates of formation, bylaws, restrictive covenants, and all amendments to the certificates of formation, bylaws, and covenants shall be retained permanently;
(2) financial books and records shall be retained for seven years;
(3) account records of current owners shall be retained for five years;
(4) contracts with a term of one year or more shall be retained for four years after the expiration of the contract term;
(5) minutes of meetings of the owners and the board shall be retained for seven years, and
(6) tax returns and audit records shall be retained for seven years.