Form LM-2
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Form LM-2 is filed with the Office of Labor-Management Standards (OLMS) by unions in the United States that details how a union spent funds in the past year.[1] It is the most detailed report labor organizations are required to file.[2]
History
[edit | edit source]Form LM-2, along with several other forms, was developed by the OLMS to fulfill the Labor Management Reporting and Disclosure Act of 1959 reporting requirements.[2] In 2002, the OLMS rewrote parts of LM-2 in an effort to increase transparency.[3] Since 2005, all organizations have been required to file the form electronically.[4]
References
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