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  2. U.S. State Codes
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  4. North-Carolina
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  6. Chapter 117 - Electrification
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  8. Article 2 - Electric Membership Corporations.


Article 2 - Electric Membership Corporations.


  • § 117-6 - Title of Article.
  • § 117-7 - Definitions.
  • § 117-8 - Formation in unserved communities; filing application with Rural Electrification Authority.
  • § 117-9 - Issuance of privilege for formation of such corporation.
  • § 117-10 - Formation authorized.
  • § 117-10.1 - Municipal franchises.
  • § 117-10.2 - Restriction on municipal service.
  • § 117-11 - Contents of certificate of incorporation.
  • § 117-12 - Execution and filing of certificate of incorporation by residents of territory to be served.
  • § 117-13 - Board of directors; compensation; president and secretary.
  • § 117-14 - Powers of board.
  • § 117-15 - Certificates of membership.
  • § 117-16 - Corporate purpose; terms and conditions of membership.
  • § 117-16.1 - Discrimination prohibited.
  • § 117-17 - General grant of powers.
  • § 117-18 - Specific grant of powers.
  • § 117-18.1 - Subsidiary business activities.
  • § 117-19 - Taxes and assessments.
  • § 117-20 - Encumbrance, sale, etc., of property.
  • § 117-21 - Issuance of bonds.
  • § 117-22 - Covenants or agreements for security of bonds.
  • § 117-23 - Purchase and cancellation of bonds.
  • § 117-24 - Dissolution.
  • § 117-25 - Amendment of certificate of incorporation.
  • § 117-26 - Application for grant or loan from governmental agency.
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