17-4607. Articles of incorporation.

17-4607

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

      17-4607.   Articles of incorporation. Articles of incorporation of a cooperative shall recite that they are executed pursuant to this act and shall state:

      (1)   The name of the cooperative;

      (2)   the address of its principal office;

      (3)   the names and addresses of the incorporators;

      (4)   the names and addresses of its trustees; and

      (5)   the purposes for which it is organized; and may contain any provisions not inconsistent with this act deemed necessary or advisable for the conduct of its business. Such articles shall be signed by each incorporator.

      History:   L. 1941, ch. 185, § 7; L. 2000, ch. 39, § 9; July 1.