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As a new content provider, I did the smart thing and consulted with a lawyer and I advise you to do the same as laws differ country by country... In my case, as the custodian of records, I have all model releases filed and ready for observation at my office should the authorities require a look-through. I photo-copied all releases and put them in an off-site safe place should there be a fire...as you don't want to be without them ever.
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