Class-Action Lawsuit Focuses on Cooperative Board Compensation
A South Carolina electric cooperative, Tri-County Electric Cooperative, Inc., was recently named in a class-action lawsuit focusing on its board’s compensation. The lawsuit was filed by member Roy C. Smith on behalf of …
Perhaps the most impactful aspect of the recent tax reform law is the change to the treatment of governmental grants. Many cooperatives qualify for governmental grants in furtherance of their community benefits, such as electric, telephone, and broadband service and …
Three executives of Eastern Oregon Telecom (EOT) announced in May they have purchased the internet and phone provider from its parent company Umatilla Electric Cooperative. EOT General Manager and CEO Joe Franell, CFO Paul Keeler and COO Richard Holbo, …
Mississippi’s utility regulator, the Public Service Commission, wants to permit electric cooperatives to offer broadband to its customers. PSC Commissioner Presley, along with 48 lawmakers and representatives of more than a dozen Mississippi electric cooperatives, recently traveled to Alabama to …