A.R.S. § 10-2141: Conversion of cooperatives into generation and transmission cooperatives

A cooperative created pursuant to article 2 of this chapter and which meets the requirements of this article may be converted into a generation and transmission cooperative authorized to do business and entitled to all privileges and immunities of a generation and transmission cooperative organized pursuant to this article upon the adoption of a resolution to such effect by its board of directors and the submission of the resolution to the corporation commission.