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Rural Utilities Act

Description

The Rural Utilities Act establishes the organization, governance, and makes provisions for the management of business and affairs, of rural utility associations. A rural utility association is an... More ≫

Description

The Rural Utilities Act establishes the organization, governance, and makes provisions for the management of business and affairs, of rural utility associations. A rural utility association is an incorporated entity of five or more persons, of which its main purpose is to supply to its members utility services for electricity, natural gas, water that is used primarily for domestic purposes, and sewage. The Act enables rural utility associations to finance borrowings through a loan guarantee for provision of electrical services in rural areas.

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