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2001 SESSION

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HB 2640 Telephone cooperatives.

Introduced by: Terry G. Kilgore | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Telephone cooperatives. Exempts telephone cooperatives from filing local service tariffs with the State Corporation Commission; eliminates the requirement that quorums consist of at least five percent of the all cooperative members; and authorizes cooperatives to use funds derived from rates and charges for telephone service to acquire, own and dispose of interests in other communications businesses. The measure also eliminates a requirement that acquisitions of ownership interests in other communications entities be approved by cooperative members at a special or general meeting.


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