The board of directors shall adopt the first bylaws of a cooperative to be adopted following an incorporation, conversion, merger, or consolidation. Thereafter the district delegates in cooperatives having three or more districts that are not connected by a road system to another district of the cooperative may adopt, amend, or repeal the bylaws by the affirmative vote of a majority of the district delegates voting on the adoption, amendment, or repeal at a meeting of the district delegates. In all other cooperatives the members shall adopt, amend, or repeal the bylaws by the affirmative vote of a majority of the members voting on the question. The bylaws must set out the rights and duties of members, district delegates, and directors and may contain other provisions for the regulation and management of the affairs of the cooperative consistent with this chapter or with the articles of incorporation of the cooperative.
Structure Alaska Statutes
Title 10. Corporations and Associations
Chapter 25. Electric and Telephone Cooperative Act
Article 1. Substantive Provisions.
Sec. 10.25.010. Powers of electric or telephone cooperative; prohibited action.
Sec. 10.25.020. Powers of electric cooperative.
Sec. 10.25.030. Powers of telephone cooperative.
Sec. 10.25.050. Incorporators.
Sec. 10.25.060. Articles of incorporation.
Sec. 10.25.090. Meetings of members and district delegates.
Sec. 10.25.100. Notice of meetings.
Sec. 10.25.110. Quorum requirements.
Sec. 10.25.130. Waiver of notice.
Sec. 10.25.140. Board of directors.
Sec. 10.25.145. Liability, indemnification, and insurance.
Sec. 10.25.150. Term of office of directors.
Sec. 10.25.160. Staggered terms of office for directors.
Sec. 10.25.170. Quorum of board.
Sec. 10.25.175. Board meetings open; exceptions; notice; remedy.
Sec. 10.25.180. General powers of board.
Sec. 10.25.200. Officers, agents, and employees.
Sec. 10.25.210. Amendment of articles of incorporation.
Sec. 10.25.220. Contents of articles of amendment.
Sec. 10.25.230. Change of location of principal office.
Sec. 10.25.235. Member's right to examine books and records.