Comments: IN SB0376 | 2017 | Regular Session

Bill Title: Rural electric membership corporation governance. Amends the statute governing rural electric membership corporations (corporations) as follows: (1) Specifies that for purposes of the statute: (A) a "law" includes the statute itself; and (B) a "member" of a corporation means a person admitted to membership under law and the corporation's bylaws. (Current law provides that a member means a person admitted to membership under law or the corporation's bylaws.) (2) Allows for electronic notice of a meeting of the corporation's members. (3) Authorizes a corporation to include a provision in its articles of incorporation or its bylaws to allow any votes

Spectrum: Slight Partisan Bill (Republican 6-2)

Status: (Passed) 2017-04-25 - Public Law 171 [SB0376 Detail]

Text: Latest bill text (Enrolled) [PDF]

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