17-4602. Purpose.

17-4602

Chapter 17.--CORPORATIONS
Article 46.--ELECTRIC COOPERATIVE, NONPROFIT, MEMBERSHIP CORPORATIONS

      17-4602.   Purpose. Cooperative, nonprofit, membership corporations may be organized under this act to conduct or promote any lawful business under the general corporation laws of the state and for the purpose of supplying electric energy and promoting and extending the use thereof.

      History:   L. 1941, ch. 185, § 2; L. 1986, ch. 92, § 1; July 1.