159B-49. Associate members.
Notwithstanding the provisions of Article 1 of Chapter 159B of the General Statutes or any other provision of law, a joint municipal assistance agency may, in its bylaws, create associate memberships. An associate member of a joint municipal assistance agency shall have only those rights, privileges, immunities, powers, authority, and responsibilities as set forth in the bylaws of the joint municipal assistance agency; provided, that:
(1) An associate member shall not have the right to appoint a commissioner or alternate commissioner, have the right to vote or otherwise participate in decisions of the joint municipal assistance agency;
(2) An associate member shall not have the right to a distribution of assets upon dissolution of the joint municipal assistance agency; and
(3) Income from the joint municipal assistance agency shall not accrue to, or otherwise inure to the benefit of, an associate member. (1991, c. 291, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 159B - Joint Municipal Electric Power and Energy Act
Article 3 - Joint Municipal Assistance Agencies.
§ 159B-42 - Joint municipal assistance agencies.
§ 159B-43 - Joint municipal assistance agencies authorized.
§ 159B-43.1 - Alternative to board of commissioners.
§ 159B-44 - General powers of joint municipal assistance agencies and municipalities.
§ 159B-46 - Reports, liability, and personnel.
§ 159B-48 - Nonmunicipal members; constituent institutions of The University of North Carolina.