What if a trust provides incorrect information to the union and the union reports it, will the union be held responsible?
A. The attestation that the officers sign states that the information is correct, “to the best of the undersigned’s knowledge and belief.” If at the time they submit the report the officers have no reasonable basis to doubt the information provided by the trust, they will have fulfilled their reporting requirement, even if the information later proves inaccurate. An officer who knowingly files inaccurate information, or who continues to assert information known to be inaccurate, may be held responsible for violating the reporting laws.
Related Questions
- In 1968, when the trust fund was allowed to be put into the general fund, who was responsible, and how can they be held accountable?
- What if a trust provides incorrect information to the union and the union reports it, will the union be held responsible?
- What is required of Contractors that have employee benefits held in Union Trust?
