The bylaws of a cooperative whose membership consists wholly of one (1) or more other cooperatives shall provide for the manner of nominating and electing its directors, and the bylaws may provide that directors shall be elected from among the members, directors, officers or executive or administrative employees of member cooperatives and/or that its directors shall be either nominated or elected or appointed solely by such member cooperatives' boards.
Structure 2021 Tennessee Code
Title 65 - Public Utilities and Carriers
Chapter 25 - Rural Electric and Community Services Cooperatives
§ 65-25-102. Chapter Definitions
§ 65-25-103. Nonprofit Organization and Operation
§ 65-25-109. Election of Directors by Member Cooperatives
§ 65-25-111. Members — Qualifications — Meetings — Voting Rights — Terms and Conditions
§ 65-25-112. Refunds to Patrons
§ 65-25-115. Directors, Officers or Members May Take Acknowledgments
§ 65-25-119. Effect of Consolidation or Merger
§ 65-25-123. Exemption From Jurisdiction of Tennessee Public Utility Commission
§ 65-25-124. Securities Act Exemption
§ 65-25-126. Construction of Chapter
§ 65-25-129. Exemption for Utility Districts
§ 65-25-132. Joint Ventures Subject to Excise and Franchise Taxes
§ 65-25-133. Joint Ventures to Provide Alarm Services Not Authorized