Bylaws Changes

The NATM Board of Directors submitted a series of changes to the Bylaws to those of the NATM membership that hold voting rights as outlined in the Bylaws for approval. Some of the changes reflect the evolution of NATM since its inception and better clarifies practices. Other changes reflect changes in policy that need to be made before action can be taken.
 
The window for voting has closed and the membership has approved the changes as submitted.
 
While many of the changes have little impact on the membership directly, these changes have helped the NATM staff and Executive Committee work more efficiently. These changes include:

• Updating the definition of Associate Members to include the wide array of products and services provided.
• Removing product liability insurance as a primary objective of NATM’s work.
• Noting that NATM must report to its members on actions related to regulations, laws, and rules.
• Allowing the Executive Committee actions to be effective immediately, as purposed, rather than requiring further Board ratification.
• Clarify and maintain the due date of membership dues payments to be January 31.
• Clarify the ability of NATM designated staff to move funds between bank accounts to cover payroll.
• Updating meeting notice requirements to account for electronic notice and waiver methods.

 
However, the membership can expect to see one significant change with the renewal process. Beginning with 2020 renewals, NATM members failing to pay their dues by the Jan. 31 deadline will have all membership benefits suspended until outstanding dues payments are made. NATM will continue to give members until May 1 to pay their dues without cancelling their membership as outlined in the Bylaws, however the Association will no longer provide the member benefits such as compliance consultations, technical support, advertising opportunities, educational content such as Tracks magazine, and the like during the time of their delinquency.
 
If you have questions about these changes or would like a copy of the NATM Bylaws, please contact NATM Executive Director Kendra Ansley.