§ 409.1. Definitions.
94 words·~1 min read·
/us/cfr/t29/s§ 409.1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in this part, the term:
(a)Fiscal year means the calendar year, or other period of 12 consecutive calendar months. Once reported on one basis, a change in the reporting year shall be effected only upon prior approval by the Office of Labor-Management Standards.
(b)Corresponding principal officers shall include any person or persons performing or authorized to perform principal executive functions corresponding to those of president and treasurer of any surety underwriting a bond for which reports are required under section 211 of the Labor-Management Reporting and Disclosure Act of 1959.