N.Y. Rural Electric Cooperative Law § 67: Exemption from jurisdiction of public service commission and from the provisions of the public service law

§ 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.