§ 5-03 Reporting and Disclosure.
RCNY § 5-03
(a)In addition to the information required by Administrative Code § 3-1103(a)(1) regarding the reporting of donations, the trustee(s) must: (1) Disclose (i) the description and use of any in-kind donation and any pro bono assistance accepted; and (ii) the date and amount of any refund to a donor.
(2)Submit the following documents: (i) a copy of the receipt, check, or other document establishing that the donation was made by the donor; (ii) a copy of the receipt, check, or other document establishing that a refund, if any, was made by the legal defense trust; (iii) a copy of the receipt or other written record establishing the value of in-kind donations or pro bono assistance; and (iv) a copy of the donor's signed disclosure document.
(b)In addition to the information required by Administrative Code § 3-1103(a)(2) regarding the reporting of expenditures, the trustee(s) must: (1) Disclose (i) the date the expense was incurred; (ii) the date the expense was paid; and (iii) the amount, if any, returned to the trust, pursuant to Administrative Code § 3-1102(f)(4).
(c)Quarterly reports submitted by the legal defense trust must include all bank, credit card, and merchant account statements received by the trust during the reporting period. (Added City Record 8/28/2019, eff. 9/27/2019)
