Certificate of membership

  1. Law
  2. Arkansas Code
  3. Public Utilities and Regulated Industries
  4. Public Utilities And Carriers
  5. Light, Heat, And Power Utilities
  6. Electric Cooperative Corporation Act
  7. Certificate of membership

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  1. (a) When a member of a corporation has paid the membership fee in full, a certificate of membership shall be issued to the member.

  2. (b) Memberships in the corporation and the certificates shall be nontransferable.

  3. (c) The certificate of membership shall be surrendered to the corporation upon the resignation, expulsion, or death of the member.


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