Dissolution.
53 RCNY § 5-04
in effect§ 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)
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCrules/0-0-0-123270Fetched: 10/24/2026