(a) Each incorporator of a cooperative shall be a member of the cooperative or of another cooperative that is a member of it. A person may not become a member unless that person agrees to use electric energy, or telephone service, or other services furnished by the cooperative when they are made available through its facilities.
(b) Membership in a cooperative is not transferrable, except as provided in the bylaws. The bylaws may
(1) prescribe additional qualifications and limitations on membership;
(2) require membership as a condition of obtaining service from the cooperative;
(3) provide for termination or suspension of membership; however, a membership may not be terminated unless procedures for termination are contained in the bylaws.
Section: Previous 10.25.010 10.25.020 10.25.030 10.25.040 10.25.050 10.25.060 10.25.070 10.25.080 10.25.090 10.25.100 10.25.110 10.25.120 10.25.125 10.25.130 10.25.140 NextLast modified: November 15, 2016