The Farm Credit Administration has issued an updated informational memorandum for the purposes of providing Farm Credit System institutions with updated guidance on the Paycheck Protection Program. Follow this link for the memorandum:
https://ww3.fca.gov/readingrm/infomemo/Lists/InformationMemorandums/Attachments/269/PaycheckProtectionProgramInfoMemoJuly2020.pdf
The memorandum explains,
Does the
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Many of our clients have inquired about what they should do when an employee contracts Covid-19. While the answer is complicated, depending on the circumstances of each case, here are some helpful guides from OSHA. You can find answers to …
October is Cooperative Month. AHC represents many cooperatives in the telecom, electric, and agricultural industries. So we join with others in celebrating our cooperative clients.
In honor of Cooperative Month, the U.S.D.A. has provided and re-published the following helpful guides
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The New Hampshire Electric Cooperative, serving 115 mostly rural towns, is trying again to add delivering broadband internet to its core mission of delivering electricity. A special election has been called on the issue and would change the co-op’s bylaws.
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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 …
The U.S. House of Representatives recently advanced two electric cooperative priorities, which are now headed to the Senate for full consideration.
The House approved the Electricity Reliability and Forest Protection Act, H.R. 1873, by a vote of 300 to …
AHC attorney David Cook will address the National Telecommunications Cooperative Association concerning recent developments in cooperative taxation. Cooperatives must comply with special tax rules to qualify, or continue to qualify, for tax advantages such as tax exemption or deduction and …
AHC has formed a group on LinkedIn for business cooperatives. Here is a summary of the group and its purpose.
Business Cooperatives is dedicated to connecting business cooperatives and their leaders. By sharing their expertise and experiences, members will
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AHC attorney Roland Hall was recently interviewed for an article on the trend toward more transparency and openness in cooperative governance. The article appeared in the July/August issue of the National Cooperative Business Association’s Cooperative Business Journal. The full …
AHC attorney David R. Cook recently spoke to a group of cooperative accountants about the role of accountants in cooperatives’ board meetings. The presentation focused on the duties of directors, officers, and in-house accountants to the cooperative and to each …