Compliance Timetable

for NACD Candidates
 

Participant's application approval date:

Participants must comply by:
January 1, 2013 December 31, 2014
July 1, 2013 June 30, 2015

 

In September 1998, Article III of NACD’s Bylaws was amended by adding a new Section 8 and amending the title of Article III by adding the words "and Candidates for Membership."

ARTICLE III
Membership and Candidates for Membership

Section 8A Candidate for membership is a company not eligible for Regular Membership because it is not in full compliance with the Responsible Distribution program  at the time the company's application for membership is approved.

A Candidate is not a member under Section 2 of this Article, but shall advance to Regular Membership status and must submit proof of third-party verification within two years of the approval date of the Candidate’s application for NACD membership. (NOTE:  The two-year term was approved by the NACD Board of Directors on November 30, 2009.)

Failure to advance to Regular Membership, or to submit proof of third-party verification within the time required, shall result in automatic termination of Candidate status. Any company terminated from Candidate status shall not again be eligible for Candidate status.

A Candidate shall pay such dues and fees assessed; shall not have the right to vote; shall not use the NACD or Responsible Distribution Verified logo; shall meet such other terms and conditions; including the Responsible Distribution program milestones; and other conditions of Candidate status as may be imposed by NACD from time to time.

A Candidate’s benefits shall include:

  1. Attendance at all Association functions except the Annual Business Meeting of the membership.
  2. Receipt of all NACD literature (except proprietary information).
  3. A listing in the NACD Directory and Web site in the Candidate category.

Notes:

All NACD Candidates (and Chemical Handler Affiliates) must be compliant with Responsible Distribution, according to the approval date of the application.