Membership Eligibility Requirements

1. My company is an AMC providing a full spectrum of association management services to two or more organizations.

2. My company recognizes the unique mission, goals, structures and needs of each of our association clients and uses our best efforts to meet these needs.

3. My company operates ethically and in compliance with all applicable laws and regulations.

4. My company accurately represents its expertise, experience, credentials and services to the public.

5. My company manages all client accounts and funds in accordance with generally accepted accounting principles (GAAP) unless a client specifically directs in writing that we account for funds on a Cash Basis.

6. My company complies with the non-profit federal tax requirements to ensure that our clients maintain their tax-exempt status.

7. My company has written policies that prohibit co-mingling of any and all client assets with those of the AMC and any other client assets.

8. My company has adopted policies to ensure disclosure to clients of all income received from commissions, finder's fees and other sources directly attributable or related to each client.

9. My company has written agreements with each clients whenever feasible stating, at a minimum, the services to be provided, fees and billing procedures and the term and termination aspects of the contract.

10. My company maintains a written confidentiality policy with each client either as part of the contract or in a separate written document.

11. My company has an evaluation procedure for all employees covering competencies, performance assessment and professional development.

12. My company has in place a comprehensive insurance program that provides minimum coverage where such coverage is available in the state or country where my company is headquartered. This includes:
    • Commercial General Liability
    • Property
    • Valuable Papers
    • Employee Dishonesty
    • Money and Securities
    • Computer equipment and data
    • Non-owned and hired auto liability
    • Worker's Compensation
    • Errors and Omissions

13. My company maintains complete and accurate records (property, paper, electronic, contracts and materials) for each client.

14. My company agrees to avoid any and all potential client conflicts of interest.

15. My company communicates regularly with each client to ensure we are providing all contracted services in an effective and efficient manner.

16. My company ensures the integrity and confidentiality of each client's relationship with its legal counsel and the protection of all privileged materials and information.

17. I have read, understand and agree to abide by the principles as stated in the AMC Institute Code of Ethics and Professional Practices.