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 access important cooperative documents and information through the cooperative's website. The bill mandates that cooperatives maintain a list of essential documents, such as articles of incorporation and meeting minutes, and provide details about upcoming meetings and voting procedures. 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 elections, allowing members to vote by mail and online while ensuring ballot secrecy. It also allows candidates to be nominated by petition and requires cooperatives to notify members of their capital credit allocations annually. 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