Rural Utility Cooperative Law Blog

Cooperatives should educate their directors, officers, managers, employees, and most importantly their members. They should emphasize the cooperative principles of (1) democratic control, (2) subordination of capital, and (3) operation at cost / allocation and return of net margins. They

Several electric cooperatives throughout the country have been the subject of class action lawsuits targeting their unretired capital credits. The lawsuits were filed by one or more members or former members against the cooperative and, in some instances, against directors