Bylaws

Chapter 13. Schedule of Dues and Assessments

BYLAW 1303. DEFAULT AND DEEMED REQUEST TO WITHDRAW MEMBERSHIP.

[Effective dates of amendments: June 4, 1985; January 1, 1990; January 1, 2001; March 18, 2003 October 1, 2007 and October 31, 2018.]

NFA shall deem a Member's failure to pay its annual dues; late fees under NFA Financial Requirements Section 10, NFA Financial Requirements Section 13, NFA Compliance Rule 2-46 and NFA Compliance Rule 2-48; and assessments or audit fees within 30 days of the due date as a request by the Member to withdraw from NFA Membership. NFA will notify the Member accordingly, including by electronic means.