Sec. 33-221. Powers.
Sec. 33-221. Powers. A cooperative shall have power, subject to the limitations
of section 33-219: (a) To sue and be sued in its corporate name; (b) to have perpetual
existence; (c) to adopt a corporate seal and alter the same; (d) to generate, manufacture,
purchase, acquire, accumulate and transmit electric energy, and to distribute, sell, supply
and dispose of electric energy to its members, and to other persons not in excess of ten
per cent of the number of its members pursuant to applicable federal law and regulations
adopted thereunder, provided the furnishing by a cooperative of electric cold storage
or processing plant service shall not be deemed to be distributing, selling, supplying or
disposing of electric energy; (e) to assist persons to whom electric energy is or will be
supplied by the cooperative in wiring their premises and in acquiring and installing
electrical appliances, equipment, fixtures, apparatus and energy conservation and renewable energy systems and equipment, by the financing thereof or otherwise, and, in
connection therewith, to wire, or cause to be wired, such premises and to purchase,
acquire, lease as lessor or lessee, sell, distribute, install and repair such electric appliances, equipment, fixtures, apparatus and energy conservation and renewable energy
systems and equipment; (f) to assist persons to whom electric energy is or will be supplied by the cooperative in constructing, equipping, maintaining and operating electric
cold storage or processing plants, by the financing thereof or otherwise; (g) to construct,
purchase, lease as lessee, or otherwise acquire, and to equip, maintain and operate, and
to sell, assign, convey, lease as lessor, mortgage, pledge or otherwise dispose of or
encumber, electric transmission and distribution lines or systems, electric generating
plants, electric cold storage or processing plants, lands, buildings, structures, dams,
plants and equipment, and any other real property or tangible or intangible personal
property which shall be deemed necessary, convenient or appropriate to accomplish the
purpose stated in section 33-219; (h) to borrow money and otherwise contract indebtedness, and to issue notes, bonds and other evidences of indebtedness, and to secure the
payment thereof by mortgage, pledge or deed of trust of, or any other encumbrance
upon, any or all of its then owned or after-acquired real or personal property, assets,
franchises, revenues or income; (i) to construct, maintain and operate electric transmission and distribution lines along, upon, under and across publicly owned lands and
public thoroughfares, including, without limitation, all roads, highways, streets, alleys,
bridges and causeways, subject to the provisions of all laws regulating the use of highways by electric companies, provided no standards in excess of standards provided in
the National Electric Safety Code shall be required; (j) to exercise the power of eminent
domain in the manner provided by the general statutes for the exercise of such power
by other corporations constructing or operating electric transmission and distribution
lines or systems; (k) to petition the Department of Public Utility Control to issue an
order under section 16-243c; (l) to conduct its business and exercise its powers within
or without this state; (m) to adopt, amend and repeal bylaws; and (n) to do and perform
any other acts and things, and to have and exercise any other powers, which may be
necessary, convenient or appropriate to accomplish the purpose for which the cooperative is organized.
(1949 Rev., S. 5329; P.A. 81-439, S. 9, 14; P.A. 98-28, S. 67, 117.)
History: P.A. 81-439 authorized cooperatives to assist persons in acquiring and installing energy conservation and
renewable energy systems and equipment, inserted new Subdiv. (k), authorizing cooperatives to petition department for
an order under Sec. 16-243c and relettered former Subdivs. (k) to (m) accordingly; P.A. 98-28 amended Subdiv. (d) by
adding "pursuant to applicable federal law and regulations adopted thereunder" and deleted references to plumbing, effective July 1, 1998.