Bylaws

York Electric Cooperative, Inc.: 2011

The rules by which York Electric Cooperative, Inc. is governed by are spelled out in its Bylaws (PDF Document 120 KB). The bylaws, and any amendments, are approved by the membership.

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Table of Contents

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I. MEMBERSHIP

1.01 Eligibility

1.02 Application for Membership; Renewal of Prior Application

1.03 Membership Fee; Service Security and Facilities Extension Deposits; Contribution in Aid of Construction

1.04 Joint Membership

1.05 Acceptance into Membership

1.06 Purchase of Electric Power and Energy; Power Production by Member; Application of Payments to All Accounts

1.07 Excess Payments to be Credited as Member-Furnished Capital

1.08 Wiring of Premises; Responsibility Therefore; Responsibility for Meter Tampering or Bypassing and for Damage to Cooperative Properties; Extent of Cooperative Responsibility; Indemnification

1.09 Member to Grant Easements to Cooperative and to Participate in Required Cooperative Load Management Programs

II. Membership Suspension and Termination

2.01 Suspension; Reinstatement

2.02 Termination by Expulsion; Renewed Membership

2.03 Termination by Withdrawal or Resignation

2.04 Termination by Death or Cessation of Existence; Continuation of Membership in Remaining or New Partners

2.05 Effect of Termination

2.06 Effect of Death, Legal Separation or Divorce upon a Joint Membership

2.07 Board Acknowledgement of Membership Termination; Acceptance of Members Retroactively

III. MEETINGS OF MEMBERS

3.01 Annual Meetings

3.02 Special Meetings

3.03 Notice of Member Meetings

3.04 Quorum

3.05 Voting

3.06 Credentials and Election Committee

3.07 Order of Business

IV. TRUSTEES

4.01 Number and General Powers

4.02 Qualifications

4.03 Election

4.04 Tenure

4.05 Trustee Districts

4.06 Nominations

4.07 Voting for Trustees; Validity of Board Action

4.08 Removal of Trustees by Members

4.09 Vacancies

4.10 Compensation; Expenses

4.11 Committees

4.12 Rules, Regulations, Rate Schedules and Contracts

4.13 Accounting System and Reports

4.14 Subscription to “South Carolina Living”

V. MEETINGS OF TRUSTEES

5.01 Regular Meetings

5.02 Special Meetings

5.03 Notice of Trustees’ Meetings

5.04 Quorum

VI. OFFICERS, MISCELLANEOUS

6.01 Number and Title

6.02 Election and Term of Office

6.03 Removal

6.04 Vacancies

6.05 President, Also Known as Chairman

6.06 Vice President, Also Known as Vice Chairman

6.07 Secretary

6.08 Treasurer

6.09 Delegation of Secretary’s and Treasurer’s Responsibilities

6.10 Manager, Also Known as President and Chief Executive Officer

6.11 Bonds

6.12 Compensation, Indemnification

6.13 Reports

6.14 “Close Relative” Defined

VII. CONTRACTS, CHECKS AND DEPOSITS

7.01 Contracts

7.02 Checks, Drafts, etc.

7.03 Deposits; Investments

VIII. MEMBERSHIP CERTIFICATES

8.01 Certificate of Membership

8.02 Issue of Membership Certificates

8.03 Lost Certificate

8.04 Trustees Empowered to Promote Economic Development

IX. NON-PROFIT OPERATION

9.01 Interest or Dividends on Capital Prohibite

9.02 Patronage Capital in Connection with Furnishing Electric Energy

9.03 Patronage Refunds in Connection with Furnishing Other Services

9.04 Unclaimed Property

X. WAIVER OF NOTICE

XI. DISPOSITION AND PLEDGING OF PROPERTY; DISTRIBUTION OF SURPLUS ASSETS ON DISSOLUTION

11.01 Disposition and Pledging of Property

11.02 Distribution of Surplus Assets on Dissolution

XII. FISCAL YEAR

XIII. RULES OF ORDER

XIV. SEAL

XV. AMENDMENTS

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