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How will OLMS inform the “trust community” about the duty of unions to report about the financial activities of covered trusts?

April 26, 2017activities Covered duty financial inform OLMS report trusts unions

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How will OLMS inform the “trust community” about the duty of unions to report about the financial activities of covered trusts?

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A. The Department is planning to contact trusts to advise them of the Form T-1 reporting and recordkeeping requirements when labor organizations request file numbers for the trusts and provide identifying information on the trusts.