Miss. Code § 77-5-205

Current through the 2024 Regular Session
Section 77-5-205 - Formation of non-profit corporations authorized

Three (3) or more natural persons may, by executing, filing and recording a certificate as hereafter provided in this article, form a corporation not organized for pecuniary profit for the purpose of promoting and encouraging the fullest possible use of electric energy by making electric energy available at the lowest cost consistent with sound economy and prudent management of the business of such corporations. In addition, such corporations may serve the purposes provided under the Mississippi Broadband Enabling Act.

Miss. Code § 77-5-205

Codes, 1942, § 5464; Laws, 1936, ch. 184.
Amended by Laws, 2019, ch. 301, HB 366,§ 9, eff. 1/30/2019.