![]() Any Person seeking to become a Member (“Applicant”) must complete the following procedures (“Membership Procedures”):ġ. ![]() Unless required by Law or otherwise provided in these Bylaws, and unless allowed in writing by the Cooperative’s board of directors (“Board”), no Cooperative membership, and no right or privilege associated with Cooperative membership, may be sold, purchased, assigned, or otherwise transferred. No Person may hold more than one (1) Cooperative membership. As required or allowed by Law, using, receiving, or purchasing any other service, product, commodity, equipment, or facility from or through the Cooperative reasonably related to the Cooperative furnishing, or the Person receiving, any utility service (collectively, “Cooperative Services”) is eligible to become a Member. As required or allowed by Law, using, receiving, or purchasing any service, product, commodity, equipment, or facility from or through Planters Electric Membership Corporation (“Cooperative”) reasonably related to the Cooperative furnishing, or the Person receiving, electric power or 2. Any (1) natural person, (2) firm, (3) association, (4) corporation, (5) business trust, (6) partnership, (7) limited liability company, (8) state, state agency, or state political subdivision, (9) the United States of America, or any federal agency or federal political subdivision, or (10) other body politic (collectively, “Person”): 1. ARTICLE 2 – COOPERATIVE MEMBERSHIP SECTION 2.01 - Membership Eligibility. ![]() Unless the context requires otherwise, Defined Terms have the meaning specified in the appropriate Bylaw section. Capitalized when otherwise used in these Bylaws. Capitalized and enclosed within parenthesis and quotation marks following the Defined Term’s definition andĢ. These Bylaws define certain words and phrases within Bylaw sections (“Defined Terms”). The words “shall” or “must,” indicate a mandatory action or requirement, and the word “may” indicates a permissive action or requirement. The present tense of any word includes the past and future tenses, and the future tense of any word includes the present tense andĥ. The masculine use of any word includes the feminine and neutral uses, the feminine use of any word includes the masculine and neutral uses, and the neutral use of any word includes the masculine and feminine uses Ĥ. The singular use of any word includes the plural use, and the plural use of any word includes the singular use ģ. ![]() Unless otherwise provided, words and phrases used in these Bylaws have their customary and ordinary meaning Ģ. Within these Bylaws of Planters Electric Membership Corporation, as currently existing or as later amended (“Bylaws”):ġ. ![]()
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