§ 461. — Reports.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 29USC461]
TITLE 29--LABOR
CHAPTER 11--LABOR-MANAGEMENT REPORTING AND DISCLOSURE PROCEDURE
SUBCHAPTER IV--TRUSTEESHIPS
Sec. 461. Reports
(a) Filing and contents; annual financial report
Every labor organization which has or assumes trusteeship over any
subordinate labor organization shall file with the Secretary within
thirty days after September 14, 1959 or the imposition of any such
trusteeship, and semiannually thereafter, a report, signed by its
president and treasurer or corresponding principal officers, as well as
by the trustees of such subordinate labor organization, containing the
following information: (1) the name and address of the subordinate
organization; (2) the date of establishing the trusteeship; (3) a
detailed statement of the reason or reasons for establishing or
continuing the trusteeship; and (4) the nature and extent of
participation by the membership of the subordinate organization in the
selection of delegates to represent such organization in regular or
special conventions or other policy-determining bodies and in the
election of officers of the labor organization which has assumed
trusteeship over such subordinate organization. The initial report shall
also include a full and complete account of the financial condition of
such subordinate organization as of the time trusteeship was assumed
over it. During the continuance of a trusteeship the labor organization
which has assumed trusteeship over a subordinate labor organization
shall file on behalf of the subordinate labor organization the annual
financial report required by section 431(b) of this title signed by the
president and treasurer or corresponding principal officers of the labor
organization which has assumed such trusteeship and the trustees of the
subordinate labor organization.
(b) Applicability of other laws
The provisions of sections 431(c), 435, 436, 438, and 440 of this
title shall be applicable to reports filed under this subchapter.
(c) Penalty for violations
Any person who willfully violates this section shall be fined not
more than $10,000 or imprisoned for not more than one year, or both.
(d) False statements and entries; failure to disclose material facts;
withholding, concealing or destroying documents, books, records,
reports, or statements; penalty
Any person who makes a false statement or representation of a
material fact, knowing it to be false, or who knowingly fails to
disclose a material fact, in any report required under the provisions of
this section or willfully makes any false entry in or willfully
withholds, conceals, or destroys any documents, books, records, reports,
or statements upon which such report is based, shall be fined not more
than $10,000 or imprisoned for not more than one year, or both.
(e) Personal liability
Each individual required to sign a report under this section shall
be personally responsible for the filing of such report and for any
statement contained therein which he knows to be false.
(Pub. L. 86-257, title III, Sec. 301, Sept. 14, 1959, 73 Stat. 530.)
Section Referred to in Other Sections
This section is referred to in section 464 of this title.
