Section 9-41A-16 – Indemnity of officers and employees for official acts–Liability insurance for protection.
9-41A-16. Indemnity of officers and employees for official acts–Liability insurance for protection. A municipal power agency may indemnify any director, officer, employee, or agent of the municipal power agency, in connection with any threatened, pending, or completed action, suit, or proceeding, arising out of an act or omission occurring within the scope of the employment […]
Section 9-41A-17 – Powers exercised by directors–Good faith required.
9-41A-17. Powers exercised by directors–Good faith required. All powers of the municipal power agency shall be exercised by its board of directors, unless otherwise provided by the agency agreement or bylaws. Directors shall discharge their duties in good faith. Source: SL 1978, ch 66, §§8, 13.
Section 9-41A-18 – Action through agents or by contract.
9-41A-18. Action through agents or by contract. A municipal power agency may perform any act authorized by sections of this chapter through or by means of its officers, agents, or employees or by contract with any person. Source: SL 1978, ch 66, §18.
Section 9-41A-19 – Acquisition, maintenance, and improvement of projects–Agency.
9-41A-19. Acquisition, maintenance, and improvement of projects–Agency. A municipal power agency may plan, acquire, construct, reconstruct, operate, maintain, repair, extend, or improve one or more projects within or outside the state; or acquire any interest in or any right to capacity of a project and may act as agent, or designate one or more of […]
Section 9-41A-20 – Investigation, surveys, and estimates of additional sources of energy.
9-41A-20. Investigation, surveys, and estimates of additional sources of energy. A municipal power agency may investigate the desirability of and necessity for additional sources and supplies of electric energy, and make studies, surveys, and estimates as may be necessary to determine the feasibility and cost thereof. Source: SL 1978, ch 66, §30.
Section 9-41A-21 – Cooperation with others in development of energy sources.
9-41A-21. Cooperation with others in development of energy sources. A municipal power agency may cooperate with other persons in the development of sources and supplies of electric energy. Source: SL 1978, ch 66, §16.
Section 9-41A-12 – Composition and powers of board of directors–Terms of office–Filling of vacancies.
9-41A-12. Composition and powers of board of directors–Terms of office–Filling of vacancies. The agency agreement or the bylaws may prescribe the number, term of office, powers, authority, and duties of directors, the time and place of their meetings, and other regulations concerning directors. Unless the agency agreement or bylaws prescribe otherwise, the term of office […]
Section 9-41A-13 – Meetings of directors–Quorum.
9-41A-13. Meetings of directors–Quorum. Unless the agency agreement or bylaws prescribe otherwise, a meeting of the board of directors may be held at any place, within or without the state, designated by the board, after notice, and an act of the majority of the directors present at a meeting at which a quorum is present […]
Section 9-41A-2 – Formation of agency by agency agreement.
9-41A-2. Formation of agency by agency agreement. Two or more first or second class municipalities may form a municipal power agency by the execution of an agency agreement authorized by a resolution of the governing body of each municipality. Source: SL 1978, ch 66, §2; SL 1992, ch 60, §2.
Section 9-41A-3 – Contents of agency agreement.
9-41A-3. Contents of agency agreement. The agency agreement authorized in §9-41A-2 shall state: (1)That the municipal power agency is created and incorporated under the provisions of this chapter as a municipal corporation and a political subdivision of the state, to exercise thereunder a part of the sovereign powers of the state; (2)The name of the […]