Plain English Breakdown
Checked against official source text during the last sync.
Electric Cooperative Bylaws
This bill changes how electric cooperatives can adopt, amend, or repeal their bylaws.
What This Bill Does
- Allows members to adopt, amend, or repeal bylaws.
- Gives the board of directors power to adopt, amend, or repeal bylaws unless otherwise stated in existing bylaws.
- Requires member approval for changes related to dissolving the cooperative or selling, leasing, or disposing of significant property.
- Prohibits the board from adopting bylaws that conflict with specific laws.
Who It Names or Affects
- Electric cooperatives and their members
- Boards of directors in electric cooperatives
Terms To Know
- Bylaws
- Rules or regulations established by an organization to govern its internal affairs.
- Dissolution
- The process of ending the existence of a cooperative.
Limits and Unknowns
- Does not specify what happens if the Governor does not sign the bill.
- Does not provide details on how conflicts with other laws are resolved.