Northeast Oklahoma Electric Cooperative Serving Rural Oklahoma

 

Bylaws

bylawsNortheast Oklahoma Electric Cooperative, Inc.

Bylaws Index

 

ARTICLE I—MEMBERSHIP


Section 1.01. Eligibility
Section 1.02. Application for Membership; Renewal of Prior Application
Section 1.03. Membership Fee; Service Connection Deposit or Fee; Service Security
and Facilities Extension Deposits; Contributions in Aid of Construction
Section 1.04. Joint Membership
Section 1.05. Acceptance into Membership
Section 1.06. Purchase of Electric Power and Energy; Power Production by Member;
Application of Payments to All Accounts
Section 1.07. Excess Payments to be Credited as Member-Furnished Capital
Section 1.08. Wiring of Premises; Responsibility Therefore; Responsibility for Meter.
Tampering or Bypassing and for Damage to Cooperative Properties; Extent of
Cooperative Responsibility; Indemnification
Section 1.09. Member to Grant Easements to Cooperative and to Participate in Required Cooperative Load Management Programs


ARTICLE II—MEMBERSHIP SUSPENSION AND TERMINATION


Section 2.01. Suspension; Reinstatement
Section 2.02. Termination by Expulsion; Renewed Membership; Immediate Disconnection.
of Service and Expulsion
Section 2.03. Termination by Withdrawal or Resignation
Section 2.04. Termination by Death or Cessation of Existence; Continuation of Membership in Remaining or New Partners
Section 2.05. Effect of Termination
Section 2.06. Effect of Death, Legal Separation or Divorce upon a Joint Membership
Section 2.07. Board Acknowledgement of Membership Termination; Acceptance of Members Retroactively


ARTICLE III—MEETINGS OF MEMBERS


Section 3.01. Annual Meeting
Section 3.02. Special Meetings
Section 3.03. Notice of Member Meetings
Section 3.04. Quorum
Section 3.05. Voting
Section 3.06. Credentials and Election Committee
Section 3.07. Order of Business


ARTICLE IV—TRUSTEES


Section 4.01. Number and General Powers
Section 4.02. Qualifications
Section 4.03. Election
Section 4.04. Tenure
Section 4.05. Trustee Districts
Section 4.06. Nominations
Section 4.07. Voting for Trustees; Validity of Board Action
Section 4.08. Removal of Trustees by Members
Section 4.09. Vacancies
Section 4.10. Compensation; Expenses
Section 4.11. Rules, Regulations, Rate Schedules and Contracts
Section 4.12. Accounting System and Reports
Section 4.13. Subscription to “Northeast Connection” and to the Statewide Publication
Section 4.14. “Close Relative” Defined


ARTICLE V—MEETINGS OF TRUSTEES


Section 5.01. Regular Meetings
Section 5.02. Special Meetings
Section 5.03. Notice of Special Board Meetings
Section 5.04. Quorum


ARTICLE VI—OFFICERS; MISCELLANEOUS


Section 6.01. Number and Title
Section 6.02. Election and Term of Office
Section 6.03. Removal
Section 6.04. Vacancies
Section 6.05. President
Section 6.06. Vice President
Section 6.07. Secretary
Section 6.08. Treasurer
Section 6.09. Delegation of Secretary’s and Treasurer’s Responsibilities; Facsimile, Signatures
Section 6.10. General Manager; Executive Vice President
Section 6.11. Bonds
Section 6.12. Compensation
Section 6.13. Indemnification; Insurance
Section 6.14. Reports


ARTICLE VII—CONTRACTS, CHECKS AND DEPOSITS


Section 7.01. Contracts
Section 7.02. Checks, Drafts, etc.
Section 7.03. Deposits; Investments


ARTICLE VIII—NON PROFIT OPERATION


Section 8.01. Interest or Dividends on Capital Prohibited
Section 8.02. Patronage Capital in Connection with Furnishing Electric Energy
Section 8.03. Patronage Refunds in Connection with Furnishing Other Services


ARTICLE IX—WAIVER OF NOTICE

ARTICLE X—DISPOSITION AND PLEDGING OF PROPERTY; DISTRIBUTION OF SURPLUS ASSETS ON DISSOLUTION


Section 10.01. Disposition and Pledging of Property
Section 10.02. Distribution of Surplus Assets on Dissolution


ARTICLE XI—FISCAL YEAR

ARTICLE XII—RULES OF ORDER

ARTICLE XIII—SEAL

ARTICLE XIV—AMENDMENTS


Section 14.01. Power to Amend
Section 14.02. Procedure for Amending

 

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