New York Codes, Rules and Regulations
Title 12 - DEPARTMENT OF LABOR
Chapter VIII - Division Of Labor And Management Practices
Subchapter A - Reports And Records
Part 550 - Labor And Management Improper Practices Act-rules And Regulations
Subpart 550-2 - Financial Reports
Section 550-2.1 - Financial reports

(a) Every labor organization and employer organization shall make available to all of its members within five months after the end of its fiscal year a copy of its annual financial report. The report of a labor organization shall be in a form similar to the form set forth in Appendix E, infra, and shall contain all of the information listed in Appendix E, infra. The Industrial Commissioner shall supply, on request, instructions for preparing the financial report. The report of an employer organization shall be in a form similar to the form set forth in Appendix F, infra, and shall contain all of the information listed in Appendix F, infra.

(b) The president or chief executive officer and the treasurer or chief financial officer of the organization personally shall be responsible for the preparation of the financial report, and both shall verify such report.

(c) If a labor organization is in trusteeship the trustee or trustees shall be responsible for the preparation of the report and shall verify such report.

(d) In lieu of the form set forth in Appendix E, infra a labor organization may make available to its members a copy of the report filed with the Federal government under the provisions of the Labor-Management Reporting and Disclosure Act.

(e) Every labor organization and employer organization shall be under a duty to permit its members for just cause to examine any books, records and accounts necessary to verify the annual financial report.