(a) Any labor organization required to file reports under the
provisions of this part, which ceases to exist by virtue of dissolution
or any other form of termination of its existence as a labor
organization, or which loses its identity as a reporting labor
organization through merger, consolidation or otherwise, shall file a
report containing a detailed statement of the circumstances and
effective date of such termination or loss of reporting identity, and if
the latter, such report shall also state the name and mailing address of
the labor organization into which it has been consolidated, merged, or
otherwise absorbed. Such report shall be submitted on Form LM-2 in
connection with the terminal financial report required by Sec. 403.5 of
this chapter and shall be signed by the
president and treasurer, or corresponding principal officers, of the
labor organization at the time of its termination or loss of reporting
identity and, together with a copy thereof, shall be filed with the
Office of Labor-Management Standards within 30 days of the effective
date of such termination or loss of reporting identity, as the case may
be.
(b) Labor organizations which qualify to use Form LM-3, the Labor
Organization Annual Report, pursuant to Secs. 403.4 and 403.5 of this
chapter may file the terminal report called for in this section on Form
LM-3. This report must be signed by the president and treasurer, or
corresponding principal officers, of the labor organization.
(c) Labor organizations which qualify to use Form LM-4, the Labor
Organization Annual Report, pursuant to Secs. 403.4 and 403.5 of this
chapter may file the terminal report called for in this section on Form
LM-4. The report must be signed by the president and treasurer, or
corresponding principal officers, of the labor organization.
[28 FR 14381, Dec. 27, 1963, as amended at 62 FR 6092, Feb. 10, 1997]
