Bylaws, Mission Statement & Antitrust Policy

NMDA revised its bylaws in 2025 to more closely reflect market conditions and membership requirements.

NMDA Bylaws – Revised May 2025

Mission Statement

Our mission is to advance industry growth by providing and promoting:

  • Channel Growth Through the Value of Distribution Expertise
  • Channel Management Throughout All Segments of the Industry
  • Ongoing Education, Political, and Economic Awareness
  • Benchmarking and Best Practices
  • Partnerships Through High Quality Events

 

Association Antitrust Compliance Policies and Procedures

It shall be the policy of the Association to be in strict compliance with all Federal and State Antitrust laws, rules and regulations.

Therefore:

  1. I. These policies and procedures apply to all membership, board, committee and other meetings
    of the Association, and all meetings attended by representatives of the Association.
  2. II. Discussions of prices or price levels is prohibited. In addition, no discussion is permitted of any
    elements of a company’s operations which might influence price such as:
    a. Cost of operations, supplies, labor or services;
    b. Allowance for discounts;
    c. Terms of sale including credit arrangements; and,
    d. Profit margins and mark ups, provided this limitation shall not extend to discussions of
    methods of operation, maintenance, and similar matters in which cost or efficiency is
    merely incidental.
  3. III. It is a violation of Antitrust laws to agree not to compete, therefore, discussions of division of
    territories or customers or limitations on the nature of business carried on or products sold are
    not permitted.
  4. IV. Boycotts in any form are unlawful. Discussion relating to boycotts is prohibited, including
    discussions about blacklisting or unfavorable reports about particular companies including their
    financial situation.
  5. V. It is the Association’s policy that all meetings attended by representatives of the Association
    where discussion can border on an area of antitrust sensitivity, the Association’s representative
    request that the discussion be stopped and ask that the request be made a part of the minutes
    of the meeting being attended. If others continue such discussion, the Association’s
    representative should excuse himself from the meeting and request that the minutes show that
    he left the meeting at that point and why he left. Any such instances should be reported
    immediately to the President and staff of the Association.
  6. VI. It is the Association’s policy that a copy of these Antitrust Compliance Policies and Procedures
    be given to each officer, director, committee member, official representative of member
    companies and Association employees annually and that the same be read, or understood at all
    meetings of the membership of the Association.
© 2001 Harris Management Group, Inc -NPRC. All rights reserved