§ 7-55-101.5. Patronage Capital for Cooperative Electric Associations and Cooperative Telephone Associations Defined

The term “patronage capital” includes any capital credit, patronage dividend, or patronage refund allocated by a cooperative electric association or cooperative telephone association to a member or patron thereof.

Source: L. 90: Entire section added, p. 413, § 1, effective March 9. L. 94: Entire section amended, p. 330, § 1, effective March 29.