56-487 - Definitions.

§ 56-487. Definitions.

The following terms, whenever used or referred to in this chapter, shall havethe following meanings, unless a different meaning appears from the context:

(1) "Cooperative" shall mean a telephone corporation formed under thischapter.

(2) "Municipality" shall mean any city or incorporated town of theCommonwealth.

(3) "Person" shall mean and include natural persons, firms, associations,cooperatives, corporations, business trusts, partnerships and bodies politic.

(4) "Telephone service" shall mean and include service over wire or cablelines, including voice carrier, service by voice carrier system over electricdistribution and transmission lines, service over radio circuits, and anyother service involving the transmission of voice, video or data betweenfixed points.

(5) "Acquire" shall mean and include construct, acquire by purchase, lease,devise, gift or the exercise of the power of eminent domain, or other mode ofacquisition.

(6) "System" shall mean and include any plant, works, system, facilities,or properties, or any part or parts thereof, together with all appurtenancesthereto, used or useful in connection with the transmission of voice, videoor data.

(7) "Obligations" shall mean and include bonds, interim certificates orreceipts, notes, debentures, and all other evidences of indebtedness eitherissued or the payment thereof assumed by a cooperative.

(8) "Federal agency" shall mean and include the United States of America,the President of the United States of America, and any and all otherauthorities, agencies, and instrumentalities of the United States of America,heretofore or hereafter created.

(9) "Improve" shall mean and include construct, reconstruct, improve,replace, extend, enlarge, alter, better or repair.

(10) "Board" shall mean the board of directors of a cooperative formedunder this chapter.

(11) "Member" shall mean and include each person admitted to membership inthe cooperative pursuant to law or its bylaws.

(1950, p. 588; 1956, c. 434; 1996, c. 708.)