17-4604.Powers.
In addition to the powers conferred on all corporations under article 61
of chapter 17 of the Kansas Statutes Annotated, a cooperative shall have power to:
(a) Sue and be sued in its corporate name;
(b) have perpetual existence;
(c) adopt a corporate seal and alter the same;
(d) generate, manufacture, purchase, acquire, accumulate and
transmit electric energy, and to distribute, sell, supply, and dispose
of electric energy to its members, and to governmental agencies,
political subdivisions, and to other persons, who are not receiving
central station service from facilities of existing public utilities;
(e) assist its members, governmental agencies, political subdivisions
and other persons to whom electric energy or other services are or will be
supplied by the cooperative, in wiring their premises and in acquiring,
installing and financing electrical and plumbing appliances, equipment,
fixtures and apparatus and such corporations may purchase, acquire, lease
as lessor or lessee and sell electric and plumbing appliances, equipment,
fixtures and apparatus also including, but not limited to, electrical
equipment or systems which produce or convert energy or cause more
efficient utilization of energy;
(f) construct, purchase, lease, and to equip, maintain and
operate, and to sell, assign, convey, lease, mortgage, pledge or
encumber electric transmission and distribution lines or systems,
electric generating plants, and lands, buildings, structures, dams,
easements and rights-of-way, equipment, and any other real or personal
property, tangible or intangible, necessary to accomplish the purpose
for which the cooperative may be organized hereunder;
(g) purchase, lease as lessee, or otherwise acquire, and to use,
and exercise and to sell, assign, convey, mortgage, pledge or otherwise
dispose of or encumber, franchises, rights, privileges, licenses and
easements;
(h) borrow money and otherwise contract indebtedness, and to
issue notes, bonds, and other evidences of indebtedness, and to secure
the payment thereof by mortgage, pledge, or deed of trust of, or any
other encumbrance upon, any or all of its then-owned or after-acquired
real or personal property, assets, franchises, revenues or income;
(i) construct, maintain and operate electric transmission and
distribution lines along, upon, under and across publicly owned lands
and public thoroughfares, roads, highways, streets, alleys, bridges and
causeways in conformity with the laws of the state of Kansas;
(j) exercise the power of eminent domain in the manner provided
by the laws of this state for the exercise of such power by other
corporations constructing or operating electric transmission and
distribution lines or systems;
(k) become an incorporator, promoter, manager,
member, stockholder or owner of other corporations or cooperatives, and conduct its
business and exercise its powers within this state and to participate
with other persons in any corporation, cooperative, partnership, limited
partnership, joint venture or other association of any kind, or in any
transaction, undertaking or arrangement which the participating person
would have power to conduct by itself, whether or not such participation
involves sharing or delegation of control with or to others;
(l) adopt, amend and repeal bylaws; and
(m) do and perform any other acts and things, and to have and
exercise any other powers which may be necessary, to accomplish the
purpose for which the cooperative is organized.
History: L. 1941, ch. 185, § 4; L. 1978, ch. 81, § 1;
L. 1986, ch. 92, § 2; July 1.
17-4604.Powers.
In addition to the powers conferred on all corporations under article 61
of chapter 17 of the Kansas Statutes Annotated, a cooperative shall have power to:
(a) Sue and be sued in its corporate name;
(b) have perpetual existence;
(c) adopt a corporate seal and alter the same;
(d) generate, manufacture, purchase, acquire, accumulate and
transmit electric energy, and to distribute, sell, supply, and dispose
of electric energy to its members, and to governmental agencies,
political subdivisions, and to other persons, who are not receiving
central station service from facilities of existing public utilities;
(e) assist its members, governmental agencies, political subdivisions
and other persons to whom electric energy or other services are or will be
supplied by the cooperative, in wiring their premises and in acquiring,
installing and financing electrical and plumbing appliances, equipment,
fixtures and apparatus and such corporations may purchase, acquire, lease
as lessor or lessee and sell electric and plumbing appliances, equipment,
fixtures and apparatus also including, but not limited to, electrical
equipment or systems which produce or convert energy or cause more
efficient utilization of energy;
(f) construct, purchase, lease, and to equip, maintain and
operate, and to sell, assign, convey, lease, mortgage, pledge or
encumber electric transmission and distribution lines or systems,
electric generating plants, and lands, buildings, structures, dams,
easements and rights-of-way, equipment, and any other real or personal
property, tangible or intangible, necessary to accomplish the purpose
for which the cooperative may be organized hereunder;
(g) purchase, lease as lessee, or otherwise acquire, and to use,
and exercise and to sell, assign, convey, mortgage, pledge or otherwise
dispose of or encumber, franchises, rights, privileges, licenses and
easements;
(h) borrow money and otherwise contract indebtedness, and to
issue notes, bonds, and other evidences of indebtedness, and to secure
the payment thereof by mortgage, pledge, or deed of trust of, or any
other encumbrance upon, any or all of its then-owned or after-acquired
real or personal property, assets, franchises, revenues or income;
(i) construct, maintain and operate electric transmission and
distribution lines along, upon, under and across publicly owned lands
and public thoroughfares, roads, highways, streets, alleys, bridges and
causeways in conformity with the laws of the state of Kansas;
(j) exercise the power of eminent domain in the manner provided
by the laws of this state for the exercise of such power by other
corporations constructing or operating electric transmission and
distribution lines or systems;
(k) become an incorporator, promoter, manager,
member, stockholder or owner of other corporations or cooperatives, and conduct its
business and exercise its powers within this state and to participate
with other persons in any corporation, cooperative, partnership, limited
partnership, joint venture or other association of any kind, or in any
transaction, undertaking or arrangement which the participating person
would have power to conduct by itself, whether or not such participation
involves sharing or delegation of control with or to others;
(l) adopt, amend and repeal bylaws; and
(m) do and perform any other acts and things, and to have and
exercise any other powers which may be necessary, to accomplish the
purpose for which the cooperative is organized.
History: L. 1941, ch. 185, § 4; L. 1978, ch. 81, § 1;
L. 1986, ch. 92, § 2; July 1.
17-4604.Powers.
In addition to the powers conferred on all corporations under article 61
of chapter 17 of the Kansas Statutes Annotated, a cooperative shall have power to:
(a) Sue and be sued in its corporate name;
(b) have perpetual existence;
(c) adopt a corporate seal and alter the same;
(d) generate, manufacture, purchase, acquire, accumulate and
transmit electric energy, and to distribute, sell, supply, and dispose
of electric energy to its members, and to governmental agencies,
political subdivisions, and to other persons, who are not receiving
central station service from facilities of existing public utilities;
(e) assist its members, governmental agencies, political subdivisions
and other persons to whom electric energy or other services are or will be
supplied by the cooperative, in wiring their premises and in acquiring,
installing and financing electrical and plumbing appliances, equipment,
fixtures and apparatus and such corporations may purchase, acquire, lease
as lessor or lessee and sell electric and plumbing appliances, equipment,
fixtures and apparatus also including, but not limited to, electrical
equipment or systems which produce or convert energy or cause more
efficient utilization of energy;
(f) construct, purchase, lease, and to equip, maintain and
operate, and to sell, assign, convey, lease, mortgage, pledge or
encumber electric transmission and distribution lines or systems,
electric generating plants, and lands, buildings, structures, dams,
easements and rights-of-way, equipment, and any other real or personal
property, tangible or intangible, necessary to accomplish the purpose
for which the cooperative may be organized hereunder;
(g) purchase, lease as lessee, or otherwise acquire, and to use,
and exercise and to sell, assign, convey, mortgage, pledge or otherwise
dispose of or encumber, franchises, rights, privileges, licenses and
easements;
(h) borrow money and otherwise contract indebtedness, and to
issue notes, bonds, and other evidences of indebtedness, and to secure
the payment thereof by mortgage, pledge, or deed of trust of, or any
other encumbrance upon, any or all of its then-owned or after-acquired
real or personal property, assets, franchises, revenues or income;
(i) construct, maintain and operate electric transmission and
distribution lines along, upon, under and across publicly owned lands
and public thoroughfares, roads, highways, streets, alleys, bridges and
causeways in conformity with the laws of the state of Kansas;
(j) exercise the power of eminent domain in the manner provided
by the laws of this state for the exercise of such power by other
corporations constructing or operating electric transmission and
distribution lines or systems;
(k) become an incorporator, promoter, manager,
member, stockholder or owner of other corporations or cooperatives, and conduct its
business and exercise its powers within this state and to participate
with other persons in any corporation, cooperative, partnership, limited
partnership, joint venture or other association of any kind, or in any
transaction, undertaking or arrangement which the participating person
would have power to conduct by itself, whether or not such participation
involves sharing or delegation of control with or to others;
(l) adopt, amend and repeal bylaws; and
(m) do and perform any other acts and things, and to have and
exercise any other powers which may be necessary, to accomplish the
purpose for which the cooperative is organized.
History: L. 1941, ch. 185, § 4; L. 1978, ch. 81, § 1;
L. 1986, ch. 92, § 2; July 1.