Potential Exit from Power Supply Cooperative

Dakota Energy has filed a lawsuit concerning its potential exit from a wholesale power supplier, East River Electric.  Dakota Energy’s concern is that East River’s bylaws require, as a condition to withdrawal, satisfaction of contractual obligations to East River.  And …

Farm Credit Administration Guidance on PPP for Small Businesses

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 ProgramFollow this link for the memorandum: 

https://ww3.fca.gov/readingrm/infomemo/Lists/InformationMemorandums/Attachments/269/PaycheckProtectionProgramInfoMemoJuly2020.pdf 

The memorandum explains, 

Does the

Happy Cooperative Month from AHC!

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

Georgia Update: Automatic Renewals in Consumer Service Contracts

Georgia HB 1039 amends O.C.G.A. § 13-12-3 to provide additional protections for consumers who enter into service contracts containing lengthy automatic renewal provisions.   

Pre-Existing Requirement: For service contracts with an initial term of twelve months or longer and an automatic

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 return to its members patronage capital totaling more than $13M.[1]  The trial court granted …