§ 5-04 — Dissolution
New York City Administrative Code (current through L.L. 2026/147, enacted September 12, 2026, and amendments effective through October 10, 2026) · 53 RCNY § 5-04
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§ 5-04 Dissolution.
(a) If the trustee(s) returns donations on dissolution of a legal defense trust, the trustee(s) must submit in the last disclosure report, pursuant to Administrative Code § 3-1103: (1) the name and address of each donor receiving a refund; (2) the amount of the refund; (3) the date of the refund; and (4) a copy of the check or other document establishing that the refund was made. (b) If the trustee(s) transfers donations to a charitable organization upon dissolution of a legal defense trust, the trustee(s) must submit in the last disclosure report submitted, pursuant to Administrative Code § 3-1103: (1) the name and address of each charitable organization receiving a transfer; (2) the amount of the transfer; (3) the date of the transfer; and (4) a copy of the check or other document establishing that the transfer was made. (Added City Record 8/28/2019, eff. 9/27/2019)