35-A §3752. Amendment of articles - Maine Statutes

Title 35-A: PUBLIC UTILITIES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

Part 3: ELECTRIC POWER HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

Chapter 37: RURAL ELECTRIFICATION COOPERATIVES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

Subchapter 3: POWERS HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

§3752. Amendment of articles

A cooperative may amend its articles of incorporation as follows. [1987, c. 141, Pt. A, §6 (NEW).]

1. Meeting and notice. The proposed amendment shall be presented to a meeting of the members. The proposed amendment shall be set forth in or attached to the notice of the meeting.

[ 1987, c. 141, Pt. A, §6 (NEW) .]

2. Approval. If the proposed amendment, with any changes, is approved by the affirmative vote of not less than 2/3 of those members voting on the amendment at the meeting, articles of amendment shall be executed and acknowledged on behalf of the cooperative by its president or vice-president and its seal shall be affixed to the articles and attested by its secretary.

[ 1987, c. 141, Pt. A, §6 (NEW) .]

3. Contents of articles of amendment. The articles of amendment shall recite that they are executed pursuant to this chapter and shall state:

A. The name of the cooperative; [1987, c. 141, Pt. A, §6 (NEW).]

B. The address of its principal office; and [1987, c. 141, Pt. A, §6 (NEW).]

C. The amendment to its articles of incorporation. [1987, c. 141, Pt. A, §6 (NEW).]

4. Affidavit. The president or vice-president executing the articles shall make and attach to the articles an affidavit stating that this section was complied with.

[ 1987, c. 141, Pt. A, §6 (NEW) .]

SECTION HISTORY

1987, c. 141, §A6 (NEW).