§461 Reports

Summary

When a union takes control of a smaller, subordinate union, the parent union must file a report with the Secretary within 30 days after September 14, 1959 or after the trusteeship begins, and then every six months. The report must be signed by the parent union’s president and treasurer (or equivalent officers) and by the trustees running the subordinate union. It must say the subordinate union’s name and address, the date control began, detailed reasons for taking or keeping control, and how members take part in choosing delegates and officers. The first report must also give a full account of the subordinate union’s finances when control started. While control continues, the parent must also file the annual financial report called for in section 431(b) on behalf of the subordinate, signed by the same officers and trustees. Other reporting rules in sections 431(c), 435, 436, 438, and 440 apply to these reports. Anyone who willfully breaks these rules can be fined up to $10,000, jailed for up to one year, or both. Knowingly making a false statement, hiding material facts, or destroying records tied to the report carries the same penalty. Each person who signs a report is personally responsible for filing it and for any statement in it that they know is false.