§2485.__Withdrawal, default and termination -- Article 14

1.__Withdrawal.__The following provisions govern withdrawal from the compact.

A.__Once effective, the compact continues in force and remains binding upon each compacting state.__A compacting state may withdraw from the compact by enacting a statute specifically repealing the statute that enacted the compact.

B.__The effective date of withdrawal is the effective date of the repealing law.__However, the withdrawal does not apply to any product filings approved or self-certified, or any advertisement of such products, on the date the repealing statute becomes effective, except by mutual agreement of the commission and the withdrawing state unless the approval is rescinded by the withdrawing state as provided in paragraph E.

C.__The commissioner of the withdrawing state shall immediately notify the management committee in writing upon the introduction of legislation repealing this compact in the withdrawing state.

D.__The commission shall notify the other compacting states of the introduction of such legislation within 10 days after it receives notice under paragraph C.

E.__The withdrawing state is responsible for all obligations, duties and liabilities incurred through the effective date of withdrawal, including any obligations the performance of which extend beyond the effective date of withdrawal, except to the extent those obligations may have been released or relinquished by mutual agreement of the commission and the withdrawing state.__The commission's approval of products and advertisements prior to the effective date of withdrawal continues to be effective and must be given full force and effect in the withdrawing state unless formally rescinded by the withdrawing state in the same manner as provided by the laws of the withdrawing state for the prospective disapproval of products or advertisements previously approved under state law.

F.__Reinstatement following withdrawal of any compacting state occurs upon the effective date of the withdrawing state's reenacting the compact.