17-4653. Purpose; incorporators.
58 words·~1 min read·
/ks/chapter-17/17-4653A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-4653. Purpose; incorporators. Five or more persons may organize a cooperative, nonprofit, membership corporation under the provisions of the renewable energy electric generation cooperative act for the purposes of conducting or promoting any lawful business under the general corporation laws of the state, generating electricity from renewable resources and technologies and transmitting and selling such electricity at wholesale.