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§ 46-3-340 - Nonprofit Operation of Electric Membership Corporations Required; Rates and Fees to Cover Costs of Operation and Interest Payments and for Maintaining Reserves; Bylaw Provisions Concerning Revenues, Assets, and Member Classification
(a) Each electric membership corporation shall be operated without profit to its members; but the rates, fees, rents, or other charges for electric energy...
§ 46-3-341 - Return of Revenues Upon Death of Member
(a) Unless the bylaws otherwise provide, upon the death of a member or former member who is a natural person, the board of directors...
Last modified: October 14, 2016