Ark. Code § 23-4-1101

Current with legislation from 2024 Fiscal and Special Sessions.

Section 23-4-1101 - Definitions

As used in this subchapter:

(1) "Board" means the board of directors of a generation and transmission cooperative;

(2) "Generation and transmission cooperative" means a rural electric cooperative formed under the Electric Cooperative Corporation Act, § 23-18-301 et seq., that:

(A) Does not have a certificated service territory; and

(B) Exclusively sells electricity at wholesale;

(3) "Member cooperative" means a rural electric cooperative that sells electricity at retail and is a member of a generation and transmission cooperative; and

(4) "Retail cooperative member" means the individual member-owner of a member cooperative.

Ark. Code § 23-4-1101

Acts 2009, No. 676, § 1.