Golden Valley Electric Association

Our Mission

Mission Statement:

To provide the best value in products and services through innovation and individual commitment.

As amended December 11, 2006
 

Article I

Membership

Section 1 Requirements for Membership
Section 2 Joint Membership
Section 3 Conversion of Membership
Section 4 Purchase of Electrical Energy
Section 5 Termination of Membership
Section 6 District Membership

Article II

Rights and Liabilities of Members

Section 1 Dissilution or Liquidation; Property Interest of Members

Article III

Meetings of Members

Section 1 Annual Meetings
Section 2 Special Meetings
Section 3 Record Date
Section 4 Notice of Members' Meetings
Section 5 Quorum
Section 6 Voting
Section 7 Order of Business
Section 8 Rules of Order

Article IV

Directors

Section 1 General Powers
Section 2 Election and Term of Office
Section 3 Qualifications (Amended December 11, 2006)
Section 4 Nominations
Section 5 Removal of Directors by Members
Section 6 Vacancies
Section 7 Compensation
Section 8 Employment of Directors' Relatives

Article V

Meetings of Directors

Section 1 Regular Meetings
Section 2 Special Meetings
Section 3 Notice of Special Meetings
Section 4 Quorum
Section 5 Rules of Order
Section 6 Policies

Article VI

Officers

Section 1 Number
Section 2 Election and Term of Office
Section 3 Removal of Officers
Section 4 Chairman of the Board
Section 5 Vice-Chairman of the Board
Section 6 Secretary of the Board
Section 7 Treasurer of the Board
Section 8 President and Chief Executive Officer
Section 9 Bonds of Officers
Section 10 Reports

Article VII

Non-Profit Operation

Section 1 Interest or Dividends on Capital Prohibited
Section 2 Patronage Capital in Connection with Furnishing Electric Energy

Article VIII

Disposition of Property

Section 1 To Secure Indebtedness
Section 2 Other Disposition
Section 3 Merger and Consolidation

Article X

Financial Transactions

Section 1 Contracts
Section 2 Checks, Drafts, etc
Section 3 Fiscal Year

Article XI

Miscellaneous

Section 1 Membership in Other Organizations
Section 2 Waiver of Notice
Section 3 Policies, Rules, and Regulations
Section 4 Accounting System and Reports
Section 5 Area Coverage
Section 6 Voting by Members

Article XII

Amendments

Section 1 Amendments Initiated by Board
Section 2 Amendments Initiated by Members
Section 3 Special Requirements for Certain Amendments

Article XIII

Districts

Section 1 Districts Established
Section 2 Representative on Board