2011 Alaska Statutes
Title 10. CORPORATIONS AND ASSOCIATIONS
Chapter 10.25. ELECTRIC AND TELEPHONE COOPERATIVE ACT
Sec. 10.25.070. Bylaws.


AK Stat § 10.25.070 (through 27th Leg Sess 2012) What's This?

The board of directors shall adopt the first bylaws of a cooperative to be adopted following an incorporation, conversion, merger, or consolidation. Thereafter the district delegates in cooperatives having three or more districts that are not connected by a road system to another district of the cooperative may adopt, amend, or repeal the bylaws by the affirmative vote of a majority of the district delegates voting on the adoption, amendment, or repeal at a meeting of the district delegates. In all other cooperatives the members shall adopt, amend, or repeal the bylaws by the affirmative vote of a majority of the members voting on the question. The bylaws must set out the rights and duties of members, district delegates, and directors and may contain other provisions for the regulation and management of the affairs of the cooperative consistent with this chapter or with the articles of incorporation of the cooperative.

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