Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 73 - Electric Cooperative Corporations
Section 7303 - Definitions


The following words and phrases when used in this subchapter and Subchapter B (relating to powers, duties and safeguards) shall have the meanings given to them in this section unless the context clearly indicates otherwise:
"Acquire." Construct or acquire by purchase, lease, devise, gift or other mode of acquisition.
"Board." A board of directors of a corporation.
"Federal agency." Includes the United States of America and any department, administration, commission, board, bureau, office, establishment, agency, authority or instrumentality of the United States of America, heretofore or hereafter created.
"Member." The incorporators of a corporation and each person thereafter lawfully admitted to membership therein.
"Obligations." Includes bonds, notes, debentures, interim certificates or receipts and all other evidences of indebtedness issued by a corporation, whether secured or unsecured.
"Person." Includes any Federal agency, State or political subdivision thereof or any body politic.
"Rural area." Any area, not included within the boundaries of any incorporated or unincorporated city, town, village or borough, having a population in excess of 2,500 inhabitants, including both the farm and nonfarm population thereof.

Structure Pennsylvania Consolidated & Unconsolidated Statutes

Pennsylvania Consolidated & Unconsolidated Statutes

Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS

Chapter 73 - Electric Cooperative Corporations

Extra - Chapter Notes

Section 7301 - Short titles

Section 7302 - Application of chapter

Section 7303 - Definitions

Section 7304 - Number and qualifications of incorporators

Section 7305 - Purpose

Section 7306 - Articles of incorporation

Section 7307 - Prohibition on use of words "electric cooperative."

Section 7308 - Liberal construction

Section 7321 - Special powers and limitations

Section 7322 - Bylaws

Section 7323 - Exemption of members from liability for debts of corporation

Section 7324 - Qualifications of members

Section 7325 - Annual meeting of members

Section 7326 - Voting by members

Section 7327 - Certificates of membership

Section 7328 - Quorum of members

Section 7329 - Directors

Section 7330 - Nonprofit operation

Section 7331 - Merger, division or sale of assets

Section 7332 - Dissolution

Section 7333 - License fee; exemption from excise taxes

Section 7334 - Exemption from jurisdiction of Public Utility Commission

Section 7335 - Limited exemption from Securities Act

Section 7351 - Application of subchapter

Section 7352 - Definitions

Section 7353 - Geographical areas

Section 7354 - Boundaries of certified territories; hearings

Section 7355 - Obligations and rights within certified territory; new electric-consuming facilities

Section 7356 - Borderline service

Section 7357 - Effect of incorporation, annexation or consolidation

Section 7358 - Enforcement of compliance by commission

Section 7359 - Expenses