What must be reported in Item 47 (From Members for Disbursement on Their Behalf) of Statement B of the Form LM-2?
A. Enter the total receipts from members that are specifically designated by them for disbursement on their behalf; for example, contributions from members for transmittal by the labor organization to charities. When receipts that are reported in Item 47 are transmitted, the disbursement must be reported in related Item 64 (On Behalf of Individual Members).
Related Questions
- What must be reported in Item 46 (On Behalf of Affiliates for Transmittal to Them) of Statement B of the Form LM-2?
- What must be reported in Item 47 (From Members for Disbursement on Their Behalf) of Statement B of the Form LM-2?
- What must be reported in Item 64 (On Behalf of Individual Members) of Statement B of the Form LM-2?
