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Current as of March 28, 2024 | Updated by Findlaw Staff
(a)(1) All persons proposed to be served by a corporation shall be eligible to membership in a corporation.
(2) No person other than the incorporators shall be, become, or remain a member of a corporation unless the person shall use or agree to use electric energy or, as the case may be, the facilities, supplies, equipment, and services furnished by a corporation.
(b) A corporation organized under this subchapter may become a member of another such corporation and may avail itself fully of the facilities and services thereof.
Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-18-318. Membership - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-18-318/
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