35-19-202. Restrictions on powers of buying cooperative.
35-19-202. Restrictions on powers of buying cooperative. Notwithstanding any other provision of this chapter, a buying cooperative may not:
(1) construct, purchase, take, receive, or otherwise acquire or own, hold, equip, maintain, or operate electric generating plants or transmission or distribution lines or systems, except that a buying cooperative may enter into transmission or distribution agreements for the lease or use of capacity on transmission and distribution systems;
(2) purchase electricity for or sell electricity to commercial or industrial electric consumers having individual accounts with an average monthly demand in the previous calendar year of 100 kilowatts or more or a new commercial or industrial customer with an estimated average monthly demand of 100 kilowatts or more; or
(3) offer for sale any products other than electricity supply.
History: En. Sec. 6, Ch. 575, L. 1999.