Membership

Full Membership is limited to those individuals who have: (1) been appointed as a federal equity receiver in a matter of material size and complexity; or (2) served in a significant role as a professional for a federal equity receiver in a matter of material size and complexity.
“Professional” means one: (i) who has advanced, unique, or specialized skills (e.g., lawyers, accountants, financial or business advisors, tax advisors or qualified settlement fund administrators, and the like) through education or training (e.g., post-graduate educational degree or certification); (ii) who has significant experience; and (iii) for whom Court approval is, typically, obtained prior to engagement of the professional.

“Significant,” with respect to experience, means that the professional does not require supervision when acting as a professional for the receiver, but rather has the experience and skill to: (i) directly advise the receiver or respond to the receivership court; (ii) supervise other professionals working on federal receivership matters; and (iii) exercise independent professional judgment to directly advise the receiver in fulfilling his or her duties in the receivership.

“Material size and complexity,” with respect to a federal receivership, means a matter that is neither short, simple, nor otherwise limited in nature such that it can be accomplished by a receiver or professional who lacks substantial experience.

A Young Professional option is available for any qualifying full member 40 and under. Full member dues are $575 per year.

Associate Membership is for those (1) in the legal and accountancy professions who are affiliated with a firm providing federal equity receivership services as a practice group; (2) who have been appointed as equity receivers by state agencies; (3) who have served as primary counsel or forensic accountants to those appointed as equity receivers by state agencies; (4) in the legal and accountancy professions who are affiliated with a firm providing state equity receivership services as a practice group; or (5) who work primarily in foreign jurisdictions in roles similar to those listed in 1-4 above. A Young Professional option is available for any qualifying associate member 40 and under. Associate Member Dues are $375 per year.

Retired Membership is available for members in good standing who have retired from their chosen profession and are no longer soliciting or performing any paid employment or consulting services related to federal equity receiverships.  Retired members are required to provide NAFER with the member’s preferred email and physical address.  Retired members enjoy the same benefits of NAFER associate members, including free admission to NAFER’s Regional Education Series, access to NAFER’s newsletter, The Receiver, e-newsletter NAFER news, and the Resource Library.  In addition, retired members receive discounted registration fees to the annual conference.  Retired member dues are $150 per year.Please contact the NAFER Staff to indicate you have retired and would like to change your membership.