Document:LNC Resolution 24 May 1975 Regarding Monthly Balance Sheets

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Resolved at the May 24, 1975 LNC Meeting:

The Treasurer shall provide to the National Committee a balance sheet, a statement of revenues and expenditures, [and) a statement of overdue accounts payable and debt outstanding other than National Committee-authorized mortgages or leases if any on a monthly basis, no later than the end of the month following the month to which these statements pertain, and copies of summary pages of Federal Election Commission reports and income tax returns no later than the end of the month during which these reports were filed. If the Party has overdue accounts payable or has debt outstanding other than National Committee-authorized mortgages or leases, then the Treasurer shall specifically comment on debt reduction efforts in monthly financial reports. The revenue and expenditure statement shall contain monthly, monthly percent-of-budget, year-to-date, and year-to-date percent-of-budget figures for each account.  

Note: This was indexed in an official Resolution Index and identified as Resolution 26 therein. That document also seems to note that this was amended via resolution at the December 2-3, 1989 Meeting. This is the language as amended.

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