[Code of Federal Regulations]
[Title 29, Volume 2]
[Revised as of July 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR402.5]

[Page 142-143]
 
                             TITLE 29--LABOR
 
  CHAPTER IV--OFFICE OF LABOR-MANAGEMENT STANDARDS, DEPARTMENT OF LABOR
 
PART 402_LABOR ORGANIZATION INFORMATION REPORTS--Table of Contents
 
Sec. 402.5  Terminal reports.

    (a) Any labor organization required to file reports under the 
provisions of this part, which ceases to exist by virtue of dissolution 
or any other form of termination of its existence as a labor 
organization, or which loses its identity as a reporting labor 
organization through merger, consolidation or otherwise, shall file a 
report containing a detailed statement of the circumstances and 
effective date of such termination or loss of reporting identity, and if 
the latter, such report shall also state the name and mailing address of 
the labor organization into which it has been consolidated, merged, or 
otherwise absorbed. Such report shall be submitted on Form LM-2 in 
connection with the terminal financial report required by Sec. 403.5 of 
this chapter and shall be signed by the president and treasurer, or 
corresponding principal officers, of the

[[Page 143]]

labor organization at the time of its termination or loss of reporting 
identity and, together with a copy thereof, shall be filed with the 
Office of Labor-Management Standards within 30 days of the effective 
date of such termination or loss of reporting identity, as the case may 
be.
    (b) Labor organizations which qualify to use Form LM-3, the Labor 
Organization Annual Report, pursuant to Sec. Sec. 403.4 and 403.5 of 
this chapter may file the terminal report called for in this section on 
Form LM-3. This report must be signed by the president and treasurer, or 
corresponding principal officers, of the labor organization.
    (c) Labor organizations which qualify to use Form LM-4, the Labor 
Organization Annual Report, pursuant to Sec. Sec. 403.4 and 403.5 of 
this chapter may file the terminal report called for in this section on 
Form LM-4. The report must be signed by the president and treasurer, or 
corresponding principal officers, of the labor organization.

[28 FR 14381, Dec. 27, 1963, as amended at 62 FR 6092, Feb. 10, 1997]