10-2052. Purpose
A. Cooperative nonprofit membership corporations may be organized under this
article for any of the following purposes:
1. Supplying, purchasing, marketing, selling, transmitting or distributing electric
energy to persons and promoting and extending the use of electric energy.
2. Providing billing, metering, communications and other services related or
incidental to supplying, providing or transmitting electric energy, whether or not the
cooperative is itself supplying or transmitting that energy.
3. Engaging in activities designed to promote economic development of rural areas
as described in section 10-2057.
4. Engaging in activities for any lawful purpose.
B. In a rural area where there is no telephone service, a cooperative which is
supplying electric energy in the area may enter into a cooperative agreement with the
existing holder of a certificate of convenience and necessity for telephone service in
the general area to supply telephone service in the same area.
C. Generation and transmission cooperatives as defined in article 4 of this chapter
are subject to article 4 of this chapter and not to this article.
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