This bill amends Minnesota Statutes 2024, section 308A.327, to enhance transparency and member engagement within electric cooperatives. Key provisions include requirements for open board meetings with remote participation options, ensuring that members can attend meetings via the Internet. The bill mandates that cooperatives maintain a website with accessible documents such as articles of incorporation, bylaws, meeting minutes, and financial statements. Additionally, it establishes guidelines for members to access the membership list, emphasizing that such access must be for legitimate purposes and prohibits commercial use.

Furthermore, the bill introduces new voting procedures for board directors, allowing members to vote by mail and electronically while ensuring ballot secrecy. It also allows for nominations by petition from members and requires cooperatives to notify members annually about their capital credit allocations. The effective date for these changes is the day following final enactment, with specific provisions for board elections taking effect on September 1, 2025.

Statutes affected:
Introduction: 308A.327