North Carolina Statutes

§ 159B-49 — Associate members

North Carolina·Ch. 159B Joint Municipal Electric Power and Energy Act·Art. 3 Joint Municipal Assistance Agencies

Notwithstanding the provisions of Article 1 of Chapter 159B of the General Statutes or any other provision of law, a joint municipal assistance agency may, in its bylaws, create associate memberships. An associate member of a joint municipal assistance agency shall have only those rights, privileges, immunities, powers, authority, and responsibilities as set forth in the bylaws of the joint municipal assistance agency; provided, that:

(1)An associate member shall not have the right to appoint a commissioner or alternate commissioner, have the right to vote or otherwise participate in decisions of the joint municipal assistance agency;
(2)An associate member shall not have the right to a distribution of assets upon dissolution of the joint municipal assistance agency; and
(3)Income from

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North Carolina § 159B-49 (Associate members) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(1991, c. 291, s. 2.)

Nearby Sections

15
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