The bylaws of a cooperative whose membership consists wholly of one (1) or more other cooperatives shall provide for the manner of nominating and electing its directors, and the bylaws may provide that directors shall be elected from among the members, directors, officers or executive or administrative employees of member cooperatives and/or that its directors shall be either nominated or elected or appointed solely by such member cooperatives' boards.
Tenn. Code Ann. § 65-25-109
Election of directors by member cooperatives
Known as the Rural Electric and Community Services Cooperative Act
The act spans §§ 65-25-101 to 65-25-135 (35 sections).
Acts 1988, ch. 689, § 2; T.C.A. § 65-25-209.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.