SECTION 10. PAPER STATEMENTS

AFTER WITHDRAWAL OF CONSENT

.01. If a recipient withdraws consent to receive a statement electronically and the withdrawal takes effect before the statement is furnished electronically, a paper statement must be furnished. Notwithstanding Section 7.03, an amended Schedule K–1 shall be considered a new statement for purposes of determining whether a paper statement must be furnished following a withdrawal of consent under this section when the withdrawal occurs between the date the original Schedule K–1 was furnished and the date the amended

Schedule K–1 is furnished. A paper statement furnished after the statement due date under this section will be considered timely if furnished within 30 calendar days after the date the withdrawal of consent is received by the furnisher.