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S. 832
STATUS INFORMATION
General Bill
Sponsors: Senator Goldfinch
Document Path: l:\s-res\slg\004co-o.kmm.slg.docx
Introduced in the Senate on January 9, 2018
Currently residing in the Senate Committee on Judiciary
Summary: Energy cooperative
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/6/2017 Senate Prefiled 12/6/2017 Senate Referred to Committee on Judiciary 1/9/2018 Senate Introduced and read first time (Senate Journal-page 72) 1/9/2018 Senate Referred to Committee on Judiciary (Senate Journal-page 72)
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VERSIONS OF THIS BILL
TO AMEND SECTION 33-49-410 OF THE 1976 CODE, TO PROVIDE THAT EACH PERSON WITH AN OWNERSHIP INTEREST IN A PROPERTY WHO USES ELECTRIC ENERGY FURNISHED BY THE COOPERATIVE IS ELIGIBLE FOR MEMBERSHIP.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 33-49-410 of the 1976 Code is amended to read:
"Section 33-49-410. (A) No person who is not an incorporator shall become a member of a cooperative unless such person shall agree to use electric energy furnished by the cooperative when such electric energy shall be available through its facilities. Each person who has an ownership interest in a property and who agrees to use electric energy furnished by the cooperative at the property when such energy is available through the cooperative's facilities is eligible for membership.
(B) The bylaws of a cooperative may provide that any person, including an incorporator, shall cease to be a member thereof if he shall fail or refuse to use electric energy made available by the cooperative or if electric energy shall not be made available to such person by the cooperative within a specified time after such person shall have become a member thereof. Membership in the cooperative shall not be transferable, except as provided in the bylaws. The bylaws may prescribe additional qualifications and limitations in respect of membership."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on
January 10, 2018 at 9:37 AM