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Compliance Timetable
for NACD Candidates
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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:
- Attendance at all Association functions except the Annual Business Meeting of the membership.
- Receipt of all NACD literature (except proprietary information).
- A listing in the NACD Directory and Web site in the Candidate category.
Notes:
- Non-member companies who previously held membership in NACD are NOT eligible for Candidate status, Article III, Section 8
- Below is a timetable that Candidates will follow:
All NACD Candidates (and Chemical Handler Affiliates) must be compliant with Responsible Distribution, according to the approval date of the application.
