N.Y. Rural Electric Cooperative Law § 67
Exemption from jurisdiction of public service commission and from the provisions of the public service law
New York · New York Rural Electric Cooperative Law · Status: effective · Effective 2014-09-22
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- N.Y. Rural Electric Cooperative Law § 67, Exemption from jurisdiction of public service commission and from the provisions of the public service law, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1126765
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Full text
§ 67. Exemption from jurisdiction of public service commission and
from the provisions of the public service law. Cooperatives and foreign
corporations doing business in this state pursuant to this chapter shall
be exempt in all respects from the jurisdiction and control of the
public service commission of this state and shall not be subject to the
provisions of the public service law. Each cooperative, however, shall
file with the public service commission an annual report verified by the
oath of the president, vice-president, treasurer, secretary, general
manager, or receiver, if any. The report shall show in detail
(a) The number of its members;
(b) The amount of its bonded indebtedness and other outstanding
indebtedness;
(c) Its receipts and expenditures during the preceding year;
(d) The amount paid in reduction of its indebtedness and as interest
upon its indebtedness;
(e) The names of its officers and the aggregate amount paid as
salaries to them and the amount paid as wages to its employees;
(f) The location of its plant or plants and system, with a full
description of its property and franchises.