{"data":{"id":"us-ky/krs-279.020","jurisdiction":"us-ky","citation":"KRS 279.020","heading":"Who may incorporate.","body":"Any three (3) or more individuals, partnerships, associations, or private corporations, a\nmajority of whom are citizens of Kentucky, may by executing, filing, and recording\narticles of incorporation as provided in KRS 279.030 and 279.040 organize to conduc t a\nnonprofit cooperative corporation for the:\n(1) Primary purpose of generating, purchasing, selling, transmitting, or distributing\nelectric energy to any individual or entity, and providing any good or service related\nto generating, purchasing, selling, transmitting, or distributing electric energy to any\nindividual or entity; and\n(2) If the cooperative desires, for the secondary purpose of engaging in any other lawful\nbusiness or activity, provided that any nonregulated business or activity is\nconducted through an affiliate except for any business or activity which does not\ninvolve the sale of a product that is conducted pursuant to a contract with a federal\nmilitary installation or a contract for administrative services which does not involve\nthe sale of a product requested by a local, state, or federal government.","path":["KRS Chapter 279"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14184","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:31Z","sha256":"323f66856396e7a688e4d6f9a0217ffde3cbf49d55fee4809bde979c6ffbc524","source_id":"us-ky","stale":false,"prev":"us-ky/krs-279.010","next":"us-ky/krs-279.030"},"notice":"GroundRules: Original legal text. Not legal advice."}