House Bill No. by Representative Jacob Landry amends the existing law regarding the bylaws of electric cooperatives in Louisiana. The bill specifically modifies R.S. 12:407(B) to clarify the process for adopting, amending, or repealing bylaws. It states that bylaws may be adopted, amended, or repealed by the members, but unless otherwise specified in the bylaws, the board of directors also has the authority to make these changes. However, it is important to note that only the members can amend the bylaws in cases concerning the dissolution of the cooperative or significant property transactions.

The bill ensures that the board of directors cannot adopt any bylaws that conflict with existing provisions in R.S. 12:414, 418, or 421. This change aims to streamline the governance of electric cooperatives by allowing the board to have a more active role in managing bylaws while still preserving the members' rights in critical matters. Overall, the bill seeks to enhance the operational flexibility of electric cooperatives while maintaining necessary checks and balances.

Statutes affected:
HB1096 Original: 12:407(B)