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Home » US Law » 2022 New York Laws » Consolidated Laws » REL - Rural Electric Cooperative » Article 6 - General Provisions Governing Property and Affairs » 67 – Exemption From Jurisdiction of Public Service Commission and From the Provisions of the Public Service Law.
§ 67. Exemption  from  jurisdiction  of  public service commission and
from the provisions of the public service law. Cooperatives and  foreign
corporations doing business in this state pursuant to this chapter shall
be  exempt  in  all  respects  from  the jurisdiction and control of the
public service commission of this state and shall not be subject to  the
provisions  of  the public service law. Each cooperative, however, shall
file with the public service commission an annual report verified by the
oath of the president,  vice-president,  treasurer,  secretary,  general
manager, or receiver, if any. The report shall show in detail

(a) The number of its members;

(b) The amount of its bonded indebtedness and other outstanding indebtedness;

(c) Its receipts and expenditures during the preceding year;

(d) The amount paid in reduction of its indebtedness and as interest upon its indebtedness;

(e) The names of its officers and the aggregate amount paid as salaries to them and the amount paid as wages to its employees;

(f) The location of its plant or plants and system, with a full description of its property and franchises.