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§ 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...