Title 46, Chapter 3, Section 451
( 46-3-451)
A foreign electric cooperative which has received a certificate of
authority under this article shall, until a certificate of
revocation or of withdrawal has been issued as provided in this
article, enjoy the same, but no greater, rights and privileges as an
electric membership corporation organized for the purposes set forth
in the application pursuant to which such certificate of authority
is issued; and, except as otherwise provided in this article, such
foreign electric cooperative shall be subject to the same duties,
restrictions, penalties, and liabilities imposed upon an electric
membership corporation. |