10-2052. Purpose
A. Cooperative nonprofit membership corporations may be organized under this article for any of the following purposes:
1. Supplying, purchasing, marketing, selling, transmitting or distributing electric energy to persons and promoting and extending the use of electric energy.
2. Providing billing, metering, communications and other services related or incidental to supplying, providing or transmitting electric energy, whether or not the cooperative is itself supplying or transmitting that energy.
3. Engaging in activities designed to promote economic development of rural areas as described in section 10-2057.
4. Engaging in activities for any lawful purpose.
B. In a rural area where there is no telephone service, a cooperative which is supplying electric energy in the area may enter into a cooperative agreement with the existing holder of a certificate of convenience and necessity for telephone service in the general area to supply telephone service in the same area.
C. Generation and transmission cooperatives as defined in article 4 of this chapter are subject to article 4 of this chapter and not to this article.
Section: Previous 10-2021 10-2022 10-2023 10-2024 10-2025 10-2026 10-2051 10-2052 10-2053 10-2054 10-2055 10-2056 10-2057 10-2058 10-2059 NextLast modified: October 13, 2016