(a) Each incorporator of a cooperative shall be a member of the cooperative or of another cooperative that is a member of it. A person may not become a member unless that person agrees to use electric energy, telephone or related telecommunications service, or other services furnished by the cooperative when they are made available through its facilities.
(b) Membership in a cooperative is not transferrable, except as provided in the bylaws. The bylaws may
(1) prescribe additional qualifications and limitations on membership;
(2) require membership as a condition of obtaining service from the cooperative;
(3) provide for termination or suspension of membership; however, a membership may not be terminated unless procedures for termination are contained in the bylaws.
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.