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16 chapters · 723 sections in this title.
Fla. Stat. § 425.01 Short title
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This chapter may be cited as the “Rural Electric Cooperative Law.”History.—s. 1, ch. 19138, 1939; CGL 1940 Supp. 6494(43).
Fla. Stat. § 425.02 Purpose
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Cooperative, nonprofit, membership corporations may be organized under this chapter for the purpose of supplying electric energy and promoting and extending the use thereof in rural areas. Corporations organized under this chapter and corporations which become subject to this cha…
Fla. Stat. § 425.03 Definitions
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In this chapter, unless the context otherwise requires:(1) “Rural area” means any area not included within the boundaries of any incorporated or unincorporated city, town, village, or borough having a population in excess of 2,500 persons;(2) “Person” includes any natural person,…
Fla. Stat. § 425.04 Powers
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A cooperative shall have all of the following powers:(1) To sue and be sued, in its corporate name.(2) To have perpetual existence.(3) To adopt a corporate seal and alter the same at pleasure.(4) To generate, manufacture, purchase, acquire, accumulate and transmit electric energy…