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


Policy Content I. General Legal Requirements


Basic law provides that a person to be eligible for election or appointment to, and to serve on, the cooperative’s board shall, among other things:


A. be obedient to the cooperative by adhering to all applicable requirements of law, the cooperative’s articles and bylaws, and the cooperative’s duly made decisions;


B. be loyal to the cooperative, acting at all times in good faith for its best interests;


C. be unaffected by any continuing and substantial  of the cooperative;


D. be possessed of the minimal knowledge and skills necessary to manage the affairs of the cooperative;


E. and be willing to devote such time and effort to his or her duties as a trustee as may be necessary to manage the cooperative’s business and affairs. II. Bylaw Requirements  provides that a person, to be eligible to serve on the  requirements.


III. Procedures for Policy Implementation This Policy shall be implemented as follows:


A. It shall be timely explained each year in the cooperative’s newsletter.


B. Immediately after receipt of any nomination by petition, the cooperative shall furnish the nominee with a copy of  accordance with it.


C.   it.


D. In any event, all individuals actually nominated or being considered for appointment as directors shall, prior to election or appointment, be requested to read this policy    board considers being inimical to the best interests of the cooperative, the appointment shall be withheld or, as to the nominee, the board may inform the members of such fact prior to the election or disqualify the nominee, whichever it determines to do with the facts and circumstances existing.


E. In any event, the board shall not allow voting on any nominee, or it shall refuse to seat any nominee elected, as the case may be, who is determined by it to be ineligible under this policy; and it shall remove from  lost or never had eligibility under this policy.


F. Timely every year prior to the annual meeting of the  election at the forthcoming annual member meeting shall be requested to review this policy and to execute  Responsibility


The board shall be responsible for the enforcement of this policy.





No person shall be eligible to become or remain a trustee of the cooperative who: (a) has not continuously been, for at least one (1) year prior to his nomination, or who ceases after his election to be, a member in good standing of the cooperative, receiving service there at his primary residential abode; or (b) energy, or supplies to the cooperative, or a business primarily engaged in selling electrical or plumbing appliances,  (c) (d) is a close relative of an employee or trustee of the cooperative, or (e) in excess of $100 is paid.


“Close relative” means a person who by blood or in law, including step, half, foster, and adoptive kin, is either spouse, child, grandchild, parent, grandparent, brother, sister, aunt, uncle, nephew, or niece of the principal. Close relative shall also include more distant relatives who are members of the same household of an existing employee or trustee. The term “spouse” shall also mean persons who are living together in a conjugal relationship, even though not legally married.


LREC Powerline Press 3


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