Purposes of Electric Membership Corporations

  1. Law
  2. Georgia Code
  3. Public Utilities and Public Transportation
  4. Electrical Service
  5. Electric Membership Corporations and Foreign Electric Cooperatives
  6. Corporate Purposes and Powers
  7. Purposes of Electric Membership Corporations

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An electric membership corporation may serve any one or more of the following purposes:

  1. Furnish electrical energy and service;
  2. Assist its members in the efficient and economical use of energy;
  3. Engage in research and promote and develop energy conservation and sources and methods of conserving, producing, converting, and delivering energy;
  4. Provide and operate broadband facilities and provide and use the broadband services described in subparagraphs (A) and (B) of paragraph (8.1) of Code Section 46-3-171;
  5. Furnish on a nondiscriminatory basis the broadband services described in subparagraphs (C) and (D) of paragraph (8.1) of Code Section 46-3-171;
  6. Form, fund, support, and operate a broadband affiliate, directly or indirectly, contingent upon compliance with Code Sections 46-5-163 and 46-3-200.2; and
  7. Engage in any lawful act or activity necessary or convenient to effect the foregoing purposes.

(Ga. L. 1937, p. 644, § 3; Code 1933, § 34C-201, enacted by Ga. L. 1981, p. 1587, § 1; Ga. L. 2019, p. 226, § 2/SB 2.)

The 2019 amendment, effective April 26, 2019, rewrote this Code section, which read: "An electric membership corporation may serve any one or more of the following purposes:

"(1) To furnish electrical energy and service;

"(2) To assist its members in the efficient and economical use of energy;

"(3) To engage in research and to promote and develop energy conservation and sources and methods of conserving, producing, converting, and delivering energy; and

"(4) To engage in any lawful act or activity necessary or convenient to effect the foregoing purposes."

RESEARCH REFERENCES

Am. Jur. 2d.

- 27A Am. Jur. 2d, Energy and Power Sources, §§ 14, 15, 34, 43.

C.J.S.

- 29 C.J.S., Electricity, §§ 10-15.


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