Arkansas Code
Subchapter 11 - Cooperatives
§ 23-4-1101. Definitions

As used in this subchapter:
(1) “Board” means the board of directors of a generation and transmission cooperative;
(2) “Generation and transmission cooperative” means a rural electric cooperative formed under the Electric Cooperative Corporation Act, § 23-18-301 et seq., that:
(A) Does not have a certificated service territory; and
(B) Exclusively sells electricity at wholesale;

(3) “Member cooperative” means a rural electric cooperative that sells electricity at retail and is a member of a generation and transmission cooperative; and
(4) “Retail cooperative member” means the individual member-owner of a member cooperative.

Structure Arkansas Code