Five or more natural persons or 2 or more cooperatives may organize a cooperative in the manner provided in this subchapter.
This section does not apply to a generation and transmission cooperative organized in accordance with subchapter IV.
Me. Rev. Stat. tit. 35-A, § 3731
Incorporators
Known as the Rural Electrification Cooperative Enabling Act
The act spans §§ 3701 to 3772 (26 sections).
PL 1987, c. 141, §A6 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.