15 Pennsylvania Consolidated Statutes Chapter 73 - Electric Cooperative Corporations
Subchapter A. Preliminary Provisions
- Section 7301 - Short Titles
(a) Short title of chapter.--This chapter shall be known and may be cited as the Electric Cooperative Law of 1990. (b) Short title of...
- Section 7302 - Application Of Chapter
(a) General rule.--This chapter shall apply to and, unless the context clearly indicates otherwise, the term "corporation" or "electric cooperative corporation" in this chapter...
- Section 7303 - Definitions
The following words and phrases when used in this subchapter and Subchapter B (relating to powers, duties and safeguards) shall have the meanings given...
- Section 7304 - Number And Qualifications Of Incorporators
Three or more natural persons of full age who are residents of this Commonwealth may incorporate an electric cooperative corporation.
- Section 7305 - Purpose
Nonprofit cooperative corporations may be organized under this chapter for the purpose of engaging in rural electrification by any one or more of the...
- Section 7306 - Articles Of Incorporation
(a) General rule.--The articles of incorporation shall state: (1) The name of the corporation, which shall include the words "Electric Cooperative" and the word...
- Section 7307 - Prohibition On Use Of Words "Electric Cooperative."
The words "electric cooperative" shall not be used in the corporate name of any domestic or foreign corporation for profit or not-for-profit other than...
- Section 7308 - Liberal Construction
All of the provisions of law applicable to electric cooperative corporations shall be construed liberally. The enumeration of any object, purpose, power, manner, method...
Subchapter B. Powers, Duties and Safeguards
- Section 7321 - Special Powers And Limitations
(a) General rule.--Each electric cooperative corporation shall have power (in addition to or limitation of the powers conferred by section 5502 (relating to general...
- Section 7322 - Bylaws
The power to make, alter or repeal the bylaws of an electric cooperative corporation shall be vested in the board of directors. The bylaws...
- Section 7323 - Exemption Of Members From Liability For Debts Of Corporation
A member shall not be liable for the debts of an electric cooperative corporation to an amount exceeding the sums remaining unpaid on his...
- Section 7324 - Qualifications Of Members
All persons in rural areas proposed to be served by an electric cooperative corporation, who are not receiving central station service, shall be eligible...
- Section 7325 - Annual Meeting Of Members
(a) Time of annual meeting.--An annual meeting of the members of an electric cooperative corporation shall be held at such time as may be...
- Section 7326 - Voting By Members
Each member present shall be entitled to one and only one vote on each matter submitted to a vote at a meeting of members...
- Section 7327 - Certificates Of Membership
When a member of an electric cooperative corporation has paid the membership fee in full, a certificate of membership shall be issued to the...
- Section 7328 - Quorum Of Members
Unless otherwise provided in the bylaws, a majority of the members present, in person or represented by proxy, shall constitute a quorum for the...
- Section 7329 - Directors
(a) General rule.--The business and affairs of an electric cooperative corporation shall be managed under the direction of a board of not less than...
- Section 7330 - Nonprofit Operation
(a) General rule.--Each electric cooperative corporation shall be operated without profit to its members, but the rates, fees, rents or other charges for electric...
- Section 7331 - Merger, Consolidation, Division Or Sale Of Assets
(a) Merger, consolidation or division.--Any two or more electric cooperative corporations may merge, consolidate or divide but only if the surviving or resulting corporation...
- Section 7332 - Dissolution
An electric cooperative corporation may dissolve only when authorized by the affirmative vote of two-thirds of all the members of the corporation. Any assets...
- Section 7333 - License Fee; Exemption From Excise Taxes
Electric cooperative corporations subject to this chapter shall pay annually, on or before July 1, to the Department of Revenue a fee of $10...
- Section 7334 - Exemption From Jurisdiction Of Public Utility Commission
Except as provided in Subchapter C (relating to unincorporated area certified territory), all electric cooperative corporations subject to this chapter shall be exempt in...
- Section 7335 - Limited Exemption From Securities Act
Whenever any electric cooperative corporation subject to this chapter has borrowed money from any Federal agency, the obligations issued to secure the payment of...
Subchapter C. Unincorporated Area Certified Territory
- Section 7351 - Application Of Subchapter
(a) General rule.--This subchapter shall apply only to the establishment of boundaries of certified territory between retail electric suppliers where one supplier is an...
- Section 7352 - Definitions
The following words and phrases when used in this subchapter shall have the meanings given to them in this section unless the context clearly...
- Section 7353 - Geographical Areas
It is hereby declared to be in the public interest that, to encourage the orderly development of retail electric service in unincorporated areas, to...
- Section 7354 - Boundaries Of Certified Territories; Hearings
(a) Exclusive territories.--Except as otherwise provided in this section, a retail electric supplier shall not furnish retail electric service in the certified territory of...
- Section 7355 - Obligations And Rights Within Certified Territory; New Electric-consuming Facilities
(a) Service within certified territory.--Except as otherwise provided in this section, each retail electric supplier shall be obligated (upon receipt of an application in...
- Section 7356 - Borderline Service
Notwithstanding the establishment of certified territories pursuant to this subchapter and the obligations and rights to furnish service within the territory, a retail electric...
- Section 7357 - Effect Of Incorporation, Annexation Or Consolidation
After July 30, 1975, the inclusion by incorporation, consolidation or annexation of any part of the certified territory of a retail electric supplier within...
- Section 7358 - Enforcement Of Compliance By Commission
Upon proceedings brought by an interested person or by action of the Pennsylvania Public Utility Commission, the commission shall have the jurisdiction to enforce...
- Section 7359 - Expenses
(a) General rule.--The expenses of the Pennsylvania Public Utility Commission in administering this subchapter shall be assessed by the commission against the affected retail...
Last modified: October 8, 2016