Reporting and Disclosure.
53 RCNY § 5-03
in effect§ 5-03 Reporting and Disclosure.
(a) In addition to the information required by Administrative Code § 3-1103(a)(1) regarding the reporting of donations, the trustee(s) must:
(1) Disclose
(i) the description and use of any in-kind donation and any pro bono assistance accepted; and
(ii) the date and amount of any refund to a donor.
(2) Submit the following documents:
(i) a copy of the receipt, check, or other document establishing that the donation was made by the donor;
(ii) a copy of the receipt, check, or other document establishing that a refund, if any, was made by the legal defense trust;
(iii) a copy of the receipt or other written record establishing the value of in-kind donations or pro bono assistance; and
(iv) a copy of the donor's signed disclosure document.
(b) In addition to the information required by Administrative Code § 3-1103(a)(2) regarding the reporting of expenditures, the trustee(s) must:
(1) Disclose
(i) the date the expense was incurred;
(ii) the date the expense was paid; and
(iii) the amount, if any, returned to the trust, pursuant to Administrative Code § 3-1102(f)(4).
(2) Submit the following documents:
(i) a copy of the itemized receipt for each expense; and
(ii) a copy of the check or other document establishing that the expenditure was paid by the legal defense trust.
(c) Quarterly reports submitted by the legal defense trust must include all bank, credit card, and merchant account statements received by the trust during the reporting period.
(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/0-0-0-123271Fetched: 10/24/2026