Discounting of Capital Credits of Deceased Members Upheld in North Carolina

August 24, 2012 16:50 by David Patterson in Cooperatives  //  Tags:   //   Comments (0)

The North Carolina Business Court held that electric cooperates may discount capital credits of deceased members when there is a request for early capital credit retirement.

For additional information read the Sutherland Legal Alert, or the full court order is here.

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