One (1) or more cooperatives, each of which is hereinafter designated a “merging cooperative,” may merge into another cooperative, hereinafter designated the “surviving cooperative,” by complying with the following requirements:
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