{"data":{"id":"us-mi/mich.-comp.-laws-460.33","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 460.33","heading":"Cooperative electric utilities; purpose of act.","body":"Sec. 3.\n\nCooperative electric utilities, which are owned by the members they serve, are regulated by their members acting through democratically elected boards of directors. It is declared that member-regulation by a cooperative in the areas of rates, charges, accounting standards, billing practices, and terms and conditions of service may be more efficient and cost-effective. The purpose of this act is to allow the board of directors to elect member-regulation for rates, charges, accounting standards, billing practices, and terms and conditions of service.","path":["MI Code","Chapter 460","Act Act-167-of-2008"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-460-33","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"4f1314ea09ae84bf5905cbe1a6d40c6bcbc58f73c0e6061a493673b704c2bd23","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-460.32","next":"us-mi/mich.-comp.-laws-460.34"},"notice":"GroundRules: Original legal text. Not legal advice."}