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MS SB2018

Bill

Status

Passed

3/13/2014

Primary Sponsor

Terry Burton

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Origin

Senate

2014 Regular Session

AI Summary

  • Amends Section 77-5-207 to allow electric power associations to use either "electric power association" or "electric cooperative" in their corporate name.

  • Amends Section 77-5-209 to prohibit any corporation other than those formed under the electric power association law from using the words "electric power association" or "electric cooperative" in their name.

  • Defines references in state law to "electric power association," "electric cooperative," or "nonprofit cooperative electric power association" as applying to corporations formed under this article, regardless of which terminology appears in their name.

  • Takes effect upon passage.

Legislative Description

Electric power associations; allow corporate name to include words "electric cooperative."

Last Action

Approved by Governor

3/13/2014

Committee Referrals

Public Utilities2/15/2014
Energy1/10/2014

Full Bill Text

No bill text available