Minnesota Session Laws - 1992, Regular Session

  

                         Laws of Minnesota 1992 

                        CHAPTER 401-S.F.No. 1298 
           An act relating to cooperatives; providing for equal 
          representation on the board from districts or units of 
          certain cooperatives; proposing coding for new law in 
          Minnesota Statutes, chapter 308A. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  [308A.313] [APPORTIONMENT OF DIRECTORS AMONG 
DISTRICTS OR UNITS.] 
    The bylaws of an electric cooperative that has 35,000 or 
more members and that nominates, elects, or otherwise selects 
directors on a district or local unit basis must provide that 
representation on the board be apportioned equally throughout 
the different districts or local units in proportion to the 
membership residing in or belonging to the districts or units.  
The number of members in any one district or unit may not vary 
by more than ten percent from the average number of members for 
the districts or units.  
    The bylaws must provide for a survey to take place at least 
once every ten years to determine whether the number of members 
in a district or local unit has changed.  If the number of 
members in a district or local unit changes by 15 percent or 
more, the bylaws must provide for changes in the districts or 
local units so that representation on the board continues to be 
apportioned equally throughout the districts or units in 
proportion to the membership. 
    Sec. 2.  [EFFECTIVE DATE AND APPLICATION.] 
    Section 1 is effective the day following final enactment.  
Each electric cooperative subject to section 1 shall survey the 
location of its members and shall redistrict, if required to do 
so under that section, within one year after its first annual 
meeting held after the effective date. 
    Presented to the governor April 2, 1992 
    Signed by the governor April 3, 1992, 2:47 p.m.