Purposes of electric membership corporations

An electric membership corporation may serve any one or more of the following purposes: (1) To furnish electrical energy and service; 202 Page: 203 Job Path: @mfgmic/west/stcodes/ga/repl/qj04040.63 Date: 06/30/04 Time: 20:53:37 0000 42051-21 (QS) GA 04 RV34 -- 3rd RUN 46-3-200 (2) To assist its members in the efficient and economical use of energy; (3) To engage in research and to promote and develop energy conservation and sources and methods of conserving, producing, converting, and delivering energy; and (4) To engage in any lawful act or activity necessary or convenient to effect the foregoing purposes. (Ga. L. 1937, p. 644, § 3; Code 1933, § 34C-201, enacted by Ga. L. 1981, p. 1587, § 1.)