Increases in Electric Rates in Rural Areas: Hearing Before the Subcommittee on Conservation and Credit of the Committee on Agriculture, House of Representatives, Ninety-sixth Congress, Second Session, June 4, 1980

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Page 65 - I am legislative specialist for rural area development of the National Rural Electric Cooperative Association, the national service organization of nearly 1,000 rural electric systems operating in 46 states.
Page 72 - Mr. Chairman, members of the subcommittee, ladies and gentlemen. My name is Read Smith.
Page 111 - The act of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors unless the act of a greater number is required by law or by these By-Laws.
Page 111 - That the offices of secretary and treasurer may be held by the same person, and a vice president may also be either the secretary or the treasurer.
Page 113 - ... trust upon, or the pledging or encumbering of, any or all of the property, assets, rights, privileges, licenses, franchises, and permits of the cooperative, whether acquired or to be acquired, and wherever situated, as well as the revenues and income therefrom all upon such terms and conditions as the board of trustees shall determine, to secure any indebtedness of the cooperative to the United States of America or any instrumentality or agency thereof.
Page 156 - Where no adequate and dependable source of power is available to meet the consumers
Page 111 - In the absence of the president or in the event of his inability or refusal to act, the vice president shall perform the duties of the president and when so acting, shall have all the powers of and be subject to all the restrictions upon the president.
Page 111 - Directors has authorized to be executed, except in cases where the signing and execution thereof shall be expressly delegated by the Board of Directors or by these By-Laws to some other officer or agent of the corporation...
Page 111 - If the election of officers shall not be held at such meeting, such election shall be held as soon thereafter as conveniently may be. Vacancies may be filled or new offices created and filled at any meeting of the board of directors.
Page 154 - Certification of each generation or transmission loan in excess of $2 million shall be accompanied by the following information: 1. The name and address of the applicant borrower and the date of the application. 2. Description and estimated cost of the proposed generation facilities. Indicate if the proposed facilities are the initial or additional unit or units of a plant comprised of one or more units.

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