17-4658. Members.
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/ks/chapter-17/17-4658A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-4658. Members. Each incorporator of a cooperative shall be a member thereof. No person shall become a member of the cooperative unless such person operates generation facilities which use renewable resources and have a capacity of at least 100 kilowatts and agrees to generate electricity using such facilities and:
(a)Transmit and sell at wholesale through the cooperative any such electricity in excess of that used by the person;
(b)sell through the cooperative renewable attributes; or
(c)both. Any member of a cooperative who so agrees shall cease to be a member of the cooperative if such member does not comply with the terms of the agreement within two years after such person becomes a member, or such lesser period as the bylaws of the cooperative may provide. A husband and wife may hold a joint membership in a cooperative. Membership in a cooperative shall not be transferable, except as provided in the bylaws. The bylaws may prescribe additional qualifications and limitations in respect of membership.