Tennessee Statutes

§ 65-25-103 — Nonprofit organization and operation

Tennessee § 65-25-103

This text of Tennessee § 65-25-103 (Nonprofit organization and operation) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 65-25-103 (2026).

Text

Electric cooperatives heretofore incorporated under the former "Electric Cooperative Law" or hereafter incorporated under this chapter shall be organized and operated on a nonprofit basis and without pecuniary gain, and shall furnish their services on an area coverage basis at the lowest cost consistent with sound business principles.

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Legislative History

Acts 1988, ch. 689, § 2; T.C.A. §65-25-203.

Nearby Sections

15
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Bluebook (online)
Tennessee § 65-25-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/65-25-103.