Michigan Compiled Laws Act 167 Of 2008 Electric Cooperative Member-regulation Act (460.31 - 460.39)

• Section 460.31 Short Title.
  This act shall be known and may be cited as the "electric cooperative member-regulation act". History: 2008, Act 167, Imd. Eff. June 26, 2008
• Section 460.32 Definitions.
  As used in this act: (a) "Board of directors" or "board" means the group of members democratically elected by the members of a cooperative...
• Section 460.33 Cooperative Electric Utilities; Purpose Of Act.
  Cooperative electric utilities, which are owned by the members they serve, are regulated by their members acting through democratically elected boards of directors. It...
• Section 460.34 Proposal By Board Of Directors To Become Member-regulated; Procedures.
  To become member-regulated under this act, the board of directors shall comply with the following procedures: (a) A director may propose to become member-regulated...
• Section 460.35 Election To Become Member-regulated; Overturn Of Proposal By Members.
  The members of a cooperative that has elected to become member-regulated may overturn the proposal adopted by the board of directors by complying with...
• Section 460.36 Rates, Charges, Accounting Standards, Billing Practices, And Terms And Conditions Of Service; Jurisdiction And Control By Commission; Scope.
  (1) A cooperative electing to be member-regulated under this act shall, by board action, establish, maintain, and apply all rates, charges, accounting standards, billing...
• Section 460.37 Establishment, Maintenance, And Applicability Of Rates And Charges; Adoption, Amendment, Repeal, Or Addition To Billing Practices And Service Rules; Availability Of Electronic Copy; Notice Of Rate Increase Or Other Changes.
  (1) A cooperative electric utility that is member-regulated under this act shall determine how rates and charges for service provided are to be established,...
• Section 460.38 Notice Of Rate Change Or Other Changes; Time Period; Publication.
  (1) A cooperative electric utility that is member-regulated shall publish notice of any rate change or any change in billing practices and service rules...
• Section 460.39 Areas Served And Line Extension Disputes Involving Member-regulated Cooperative Electric Utility And Electric Utility; Jurisdiction Of Commission; Procedures.
  (1) The commission shall retain jurisdiction over all areas served and line extension disputes involving a cooperative electric utility that is member-regulated under this...

Last modified: October 10, 2016