Navigating Dual Roles: The Fiduciary Obligations of Directors in Federated Cooperatives Who Are Also Directors of Cooperative Members
Directors of cooperatives play a pivotal role in ensuring that their organizations operate effectively, ethically, and in alignment with their members’ interests. For directors serving
What Are the Differences Between the Fiduciary Obligations of Directors of Federated Cooperatives and Directors of Primary Cooperatives?
In federated and traditional, single-level (or primary) cooperatives, directors are bound by fiduciary obligations that require them to act in the organization’s and its members’
When and How Should a Cooperative Trademark its Intellectual Property?
Protecting intellectual property such as a trade name, logo, or slogan may not be at the top of a cooperative’s list of priorities, especially a
Top Ten Things to Watch Out for With Electric Cooperative Procurement Contracts
Electric cooperatives are constantly in need of additional equipment, supplies, software, and services. For that reason, procurement contracts play a vital role in electric cooperative
Cooperative Subsidiary
Can a cooperative form a subsidiary? When would this be desirable, and what are the benefits to the cooperative and its members? In this post
American Rescue Plan and Broadband
In March 2021, Congress approved $1.9 trillion under the American Rescue Plan Act (“Act”), which included emergency funding to respond to the pandemic and its
The Effect of USPS Rate Increases on Cooperatives
On May 28, 2021, the United States Postal Service (USPS) filed notice with the Postal Regulatory Commission (PRC) for rate increases, which will be effective
Mississippi Cooperatives Win Big on Arbitration Clause in Bylaws
In a lawsuit brought against a nonprofit, member-owned electric cooperative corporation, the plaintiff-members (“Plaintiffs”) alleged that Southwest Mississippi Electric Cooperative (the “Cooperative”) unlawfully failed to
CARES ACT – Cooperative Eligibility
The CARES Act included economic stimulus packages of $349 billion for Paycheck Protection Program (PPP) Loans and modified the existing Economic Injury Disaster Loan (EID)
Cooperatives May Qualify for Benefits Under CARES Act
On March 27, 2020, the President signed into law the Coronavirus, Aid, Relief, and Economic Security Act (CARES ACT). The CARES Act provided an economic
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