70-703 Purpose. - Nebraska Statutes

70-703. Purpose.Cooperative, nonprofit, membership corporations may be organized for the purpose of engaging in rural electrification and the furnishing of electric energy to persons in rural areas not served with electrical energy through existing facilities within such rural areas. SourceLaws 1937, c. 50, § 3, p. 203; C.S.Supp.,1941, § 70-803; R.S.1943, § 70-703.