Landrum-Griffin Act
Labor-Management Reporting and Disclosure Act, LMRDA

Definition:
Officially known as the Labor-Management Reporting and Disclosure Act of 1959 (LMRDA), the Landrum-Griffin Act provides standards for the reporting and disclosure of certain financial transactions and administrative practices of labor organizations and employers; the protection of union funds and assets; the administration of trusteeships by labor organizations; and the election of officers of labor organizations. The Act also guarantees certain rights to all union members. The act was named after its sponsors, Representative Phillip M. Landrum of Georgia and Senator Robert P. Griffin of Michigan.

 

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