This final post in the series addresses sales of preferred shares. Unlike common shares, preferred shares can offer dividends and in most states, can be… Read More »Selling Preferred Shares in Cooperatives
Groups interested in forming a cooperative that is structured as a for-profit corporation often have questions about how shares are issued, who can purchase shares,… Read More »Legal Requirements for Selling Common Shares in Cooperatives
Groups interested in forming a cooperative that is structured as a for-profit corporation often have questions about how shares are issued, who can purchase shares,… Read More »The Role of Shares in Cooperatives
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… Read More »Mississippi Cooperatives Win Big on Arbitration Clause in Bylaws
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)… Read More »CARES ACT – Cooperative Eligibility
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… Read More »Cooperatives May Qualify for Benefits Under CARES Act
One of the initial questions for a group forming a cooperative in Georgia is whether the cooperative should be legally organized in Georgia or in… Read More »Where Should We Organize Our Cooperative?
The following article is reprinted with permission from Cooperative Grocer, March/April 2018.
On March 7, 2011, the NRTC announced that it would offer a wireless AMI (advanced metering infrastructure) system to its members from Sensus.
he USDA announced on March 10, 2011, that the Rural Utilities Service (RUS) is now accepting applications for broadband loans under the Broadband Loan Program. Although a final appropriations act has not yet been passed, RUS issued the notice now to give applicants time to submit proposals and allow RUS time to process applications within the current fiscal year.
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