Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 10. Corporations and Associations |
Chapter 19. CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT |
Article 4. Nonprofit Electric Generation and Transmission Cooperative Corporations |
Sec 10-2122. Purpose
Latest version.
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Nonprofit electric generation and transmission cooperative corporations may be organized under this article for the purpose of:
1. Producing and generating, purchasing, marketing or selling electric energy or transmitting such energy to other electric utilities or persons.
2. Providing services relating to producing and generating, purchasing, marketing or selling electric energy or transmitting this energy to other electric utilities or persons or services relating to any other lawful purpose.