Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Article 1 - Rural Electrification Authority.
§ 117-1 - Rural Electrification Authority created; appointments; terms of members. - 117-1. Rural Electrification Authority created; appointments; terms of members. An...
§ 117-2 - Powers. - 117-2. Powers. The purpose of said North Carolina Rural Electrification...
§ 117-2.1 - Additional powers. - 117-2.1. Additional powers. In addition to the powers provided in...
§ 117-3 - Authority not granted power to fix rates or order line extensions; right of suggestion and petition. - 117-3. Authority not granted power to fix rates or order...
§ 117-3.1 - Regulatory fee. - 117-3.1. Regulatory fee. (a) Fee imposed. - It is the...
§ 117-4 - Organization meeting of Authority; chairman and secretary. - 117-4. Organization meeting of Authority; chairman and secretary. Promptly after...
§ 117-5 - Compensation and expenses. - 117-5. Compensation and expenses. All members of the Authority, except...
Article 2 - Electric Membership Corporations.
§ 117-6 - Title of Article. - 117-6. Title of Article. This Article may be cited as...
§ 117-7 - Definitions. - 117-7. Definitions. The following terms, whenever used or referred to...
§ 117-8 - Formation in unserved communities; filing application with Rural Electrification Authority. - 117-8. Formation in unserved communities; filing application with Rural Electrification...
§ 117-9 - Issuance of privilege for formation of such corporation. - 117-9. Issuance of privilege for formation of such corporation. Whenever...
§ 117-10 - Formation authorized. - 117-10. Formation authorized. Any number of natural persons not less...
§ 117-10.1 - Municipal franchises. - 117-10.1. Municipal franchises. An electric membership corporation shall be eligible...
§ 117-10.2 - Restriction on municipal service. - 117-10.2. Restriction on municipal service. Except as otherwise provided in...
§ 117-11 - Contents of certificate of incorporation. - 117-11. Contents of certificate of incorporation. (a) Required Provisions. -...
§ 117-12 - Execution and filing of certificate of incorporation by residents of territory to be served. - 117-12. Execution and filing of certificate of incorporation by residents...
§ 117-13 - Board of directors; compensation; president and secretary. - 117-13. Board of directors; compensation; president and secretary. Each corporation...
§ 117-14 - Powers of board. - 117-14. Powers of board. The board shall have power to...
§ 117-15 - Certificates of membership. - 117-15. Certificates of membership. A corporation may issue to its...
§ 117-16 - Corporate purpose; terms and conditions of membership. - 117-16. Corporate purpose; terms and conditions of membership. The corporate...
§ 117-16.1 - Discrimination prohibited. - 117-16.1. Discrimination prohibited. No electric membership corporation shall, as to...
§ 117-17 - General grant of powers. - 117-17. General grant of powers. Each corporation formed under this...
§ 117-18 - Specific grant of powers. - 117-18. Specific grant of powers. Subject only to the Constitution...
§ 117-18.1 - Subsidiary business activities. - 117-18.1. Subsidiary business activities. (a) Electric membership corporations may form,...
§ 117-19 - Taxes and assessments. - 117-19. Taxes and assessments. (a) From and after April 20,...
§ 117-20 - Encumbrance, sale, etc., of property. - 117-20. Encumbrance, sale, etc., of property. No corporation may sell,...
§ 117-21 - Issuance of bonds. - 117-21. Issuance of bonds. A corporation formed hereunder shall have...
§ 117-22 - Covenants or agreements for security of bonds. - 117-22. Covenants or agreements for security of bonds. In connection...
§ 117-23 - Purchase and cancellation of bonds. - 117-23. Purchase and cancellation of bonds. A corporation shall have...
§ 117-24 - Dissolution. - 117-24. Dissolution. Any corporation created hereunder may be dissolved by...
§ 117-25 - Amendment of certificate of incorporation. - 117-25. Amendment of certificate of incorporation. A corporation created hereunder...
§ 117-26 - Application for grant or loan from governmental agency. - 117-26. Application for grant or loan from governmental agency. Whenever...
Article 3 - Miscellaneous Provisions.
§ 117-28 - Foreign corporations; domestication; rights and privileges. - 117-28. Foreign corporations; domestication; rights and privileges. Any electric or...
§ 117-28.1 - Electric membership corporations; easements. - 117-28.1. Electric membership corporations; easements. (a) Any easement owned, held,...
Article 4 - Telephone Service and Telephone Membership Corporations.
§ 117-29 - Assistance from Rural Electrification Authority in procuring adequate telephone service. - 117-29. Assistance from Rural Electrification Authority in procuring adequate telephone...
§ 117-30 - Telephone membership corporations. - 117-30. Telephone membership corporations. (a) In the event it is...
§ 117-31 - Power of Rural Electrification Authority to prosecute requested investigations. - 117-31. Power of Rural Electrification Authority to prosecute requested investigations....
§ 117-32 - Loans from federal agencies; authority of county, etc., to engage in telephone business. - 117-32. Loans from federal agencies; authority of county, etc., to...
§ 117-33 - Declared public agency of State; taxes and assessments. - 117-33. Declared public agency of State; taxes and assessments. A...
§ 117-34 - Dissolution. - 117-34. Dissolution. Any telephone membership corporation created under this Article...
§ 117-35 - Article complete in itself and controlling. - 117-35. Article complete in itself and controlling. Article 4 is...
Article 5 - Consolidation and Merger.
§ 117-41 - Consolidation. - 117-41. Consolidation. (a) Any two or more electric membership corporations...
§ 117-42 - Merger. - 117-42. Merger. (a) Any one or more electric membership corporations...
§ 117-43 - Filing and recording of articles of consolidation or merger. - 117-43. Filing and recording of articles of consolidation or merger....
§ 117-44 - Effect of consolidation or merger. - 117-44. Effect of consolidation or merger. Upon compliance with the...
§ 117-45 - Validation. - 117-45. Validation. No provision of Article 5 nor any provision...
Article 6 - Indemnification.
§ 117-46 - Indemnification of directors, officers, employees, or agents. - 117-46. Indemnification of directors, officers, employees, or agents. The powers,...