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Bylaws

Article I – Membership

Section 1.01. Requirements of Membership

Section 1.02. Joint Membership

Section 1.03. Membership Fee

Section 1.04. Certificates of Membership

Section 1.05. Member Purchase of Electric Energy or Cooperative Service

Section 1.06. Transfer, Conversion and Termination of Membership

Section 1.07. Expulsion of Members

 

Article II — Rights and Liabilities of Members

Section 2.01. Non-liability for Debts of the Cooperative

Section 2.02. Withdrawal of Membership

Section 2.03. Removal of Directors and Officers

Section 2.04. Membership Lists

 

Article III — Member Meetings and Member Voting

Section 3.01. Annual Meeting

Section 3.02. Special Meetings

Section 3.03. Notice of Member Meetings

Section 3.04. Quorum

Section 3.05. Voting     

Section 3.06. Voting Districts

Section 3.07. Nomination and Election of Directors

Section 3.08. Procedure

Section 3.09. Order of Business

 

Article IV — Board of Directors

Section 4.01. General Powers

Section 4.02. Qualifications and Tenure

Section 4.03. “Close Relative” Defined

Section 4.04. Vacancies     

Section 4.05. Compensation

Section 4.06. Rules and Regulations

Section 4.07. Accounting System and Reports

 

Article V — Meetings of Directors

Section 5.01. Regular Meetings

Section 5.02. Special Meetings

Section 5.03. Notice     

Section 5.04. Quorum   

Section 5.05. Manner of Acting

 

Article VI — Officers

Section 6.01. Number and Title

Section 6.02. Election and Term of Office

Section 6.03. Removal

Section 6.04. Vacancies   

Section 6.05. President 

Section 6.06. Vice-President

Section 6.07. Secretary 

Section 6.08. Treasurer 

Section 6.09. Delegation of Secretary’s and Treasurer’s Responsibilities

Section 6.10. Manager    

Section 6.11. Bonds of Officers

Section 6.12. Compensation

Section 6.13. Indemnification

Section 6.14. Reports   

 

Article VII — Contracts, Checks, Deposits and Investments

Section 7.01. Contracts

Section 7.02. Checks, Drafts, etc.

Section 7.03. Deposits, Investments

 

Article VIII — Non-Profit Operation

Section 8.01. Interest or Dividends on Capital Prohibited

Section 8.02. Patronage Capital in Connection with Furnishing Electric Energy

Section 8.03. Unclaimed Funds

 

Article IX — Waiver of Notice
Article X — Disposition of Property
Article XI — Fiscal Year
Article XII — Membership in Other Organizations
Article XIII — Seal
Article XIV — Amendments

REPRODUCED TO REFLECT OFFICIAL BYLAWS OF THE COOPERATIVE IN FORCE AND EFFECT AS OF MAY 11, 2016.

 

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