Validity dates for the document can be achieved via Engineering Change Management(ECM). Herein, you may maintain the date effectivity so that any document with the new revision can have a specific date mentioned with it for its effectivity.
The below link will give you an improved understanding of ECM concept:
It's possible thru workflow. The workflow can be set and once the timeline is given, the status will get changed and document will go into archived or whatever status you want.
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