Three (3) or more natural persons may, by executing, filing and recording a certificate as hereafter provided in this article, form a corporation not organized for pecuniary profit for the purpose of promoting and encouraging the fullest possible use of electric energy by making electric energy available at the lowest cost consistent with sound economy and prudent management of the business of such corporations. In addition, such corporations may serve the purposes provided under the Mississippi Broadband Enabling Act.
Structure Mississippi Code
Title 77 - Public Utilities and Carriers
Article 5 - Electric Power Associations
§ 77-5-205. Formation of non-profit corporations authorized
§ 77-5-207. Contents of certificate of incorporation
§ 77-5-209. Prohibition on use of words "electric power association" and "electric cooperative."
§ 77-5-211. Execution and filing of certificate of incorporation
§ 77-5-213. Chartering existing corporations under this article
§ 77-5-215. Amendment of certificate of incorporation
§ 77-5-217. Consolidation of corporations
§ 77-5-219. Dissolution of corporation
§ 77-5-221. Board of directors
§ 77-5-223. Powers of board of directors
§ 77-5-225. Membership in corporation
§ 77-5-227. Certificate of membership; voting
§ 77-5-229. General powers of corporation
§ 77-5-233. Operations outside of state authorized
§ 77-5-245. Purchase and cancellation of bonds
§ 77-5-247. Monies of corporations
§ 77-5-249. Corporations and their property subject to taxation
§ 77-5-251. Construction of article; article complete in itself