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Should time spent in preparing Form LM-2 or Form T-1 be considered general overhead or union administration?

April 26, 2017form LM-2 overhead preparing spent T-1 time Union

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Should time spent in preparing Form LM-2 or Form T-1 be considered general overhead or union administration?

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A. In allocating disbursements unions are expected to use a rule of reason and to be consistent in their allocation. Time spent in preparing Form LM-2 or Form T-1 would most appropriately be considered union administration.