Arizona Statutes

§ 10-2141 — Conversion of cooperatives into generation and transmission cooperatives

Arizona·Title 10 Arizona Revised Statutes·Ch. 19 NOT FOR PROFIT CORPORATIONS AND ASSOCIATIONS, COOPERATIVES AND FRATERNAL AND BENEVOLENT SOCIETIES·Art. 4 Nonprofit Electric Generation and Transmission Cooperative Corporations
A cooperative created pursuant to article 2 of this chapter and which meets the requirements of this article may be converted into a generation and transmission cooperative authorized to do business and entitled to all privileges and immunities of a generation and transmission cooperative organized pursuant to this article upon the adoption of a resolution to such effect by its board of directors and the submission of the resolution to the corporation commission.

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