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Why will NTCA not refund banquet or special event tickets after a certain date?

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Why will NTCA not refund banquet or special event tickets after a certain date?

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NTCA makes every effort to refund people for banquet and special event tickets early in the registration process, before NTCA guarantees a certain number of attendees. Once NTCA has made a guarantee that a certain number of people will attend the banquet or special event, NTCA is financially liable for this number of people. Therefore, after this point, NTCA is no longer able to issue a refund.

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