Cooperative Bylaws

Amended April 22, 2016

• Article I: Membership
• Article II: Membership Suspension and Termination and Repayment of Fees, Dividends and Claims
• Article III: Meeting
• Article IV: Directors and District Map
• Article V: Meetings of Directors
• Article VI: Officers: Miscellaneous
• Article VII: Contracts, Checks and Deposits
• Article VIII: Membership Certificates
• Article IX: Non-Profit Operation
• Article X: Waiver of Notice
• Article XI: Disposition and Pledging of Property: Distribution of Surplus Assets on Dissolution
• Article XII: Fiscal Year
• Article XIII: Rules of Order
• Article XIV: Seal
• Article XV: Amendments and Statement of Nondiscrimination

Bylaws of South Plains Electric Cooperative, Inc.