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Bylaws of the National Association of Credit Management: reduction draft.

Business Credit

| September 01, 2008 | COPYRIGHT 2008 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ARTICLE I NAME, LOCATION, OFFICES

Section 1. Organization Name. The name of this organization will be the NATIONAL ASSOCIATION OF CREDIT MANAGEMENT (NACM), a nonprofit, nonstock corporation, incorporated in the state of Maryland.

Section 2. Location of Offices. The offices of NACM will be located in the state of Maryland and/or other localities as may be determined by the Board of Directors.

ARTICLE II CORE PURPOSE AND STATEMENTS

Section 1. Mission and Core Purpose. NACM's mission and core purpose is to position business credit professionals for success while setting standards of excellence in business credit and financial management. NACM is committed to enhancing, promoting and protecting the interests of business credit and financial management professionals; representing business credit grantors in all industries; being a member-governed and owned association that exists primarily to serve and support its members, and to research and benchmarking.

Section 2. NACM Statements on Issues. Subject to prior approval by the Board of Directors, NACM may take a position and express an opinion on issues generally affecting the business credit community and profession.

ARTICLE III ORGANIZATIONAL STRUCTURE

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