What are the differences between what must be reported on the Form LM-30 and the Form LM-10?
A76. First, the filer is different. The Form LM-30 must be filed by officers and employees of labor organizations if they or their spouses or minor children receive certain types of payments or hold certain types of interests. The Form LM-10 must be filed by employers who have engaged in certain financial transactions with any labor organization or officer, agent, shop steward, employee, or other representative of a labor organization. Second, the types of transactions that must be reported are somewhat different. On the Form LM-30 a labor organization officer or employee’s interests in and transactions with employers or businesses (or with a person who acts as a labor relations consultant to an employer) must be reported. This includes direct and indirect interests and transactions. The statute also specifically requires officers and employees to report interests or transactions that his or her spouse or minor children have or have been party to that meet the requirements in the statu
