In this article, unless the context otherwise requires:
1. "Electric utility" means any corporation, governmental agency, political subdivision or other entity or combination of such entities which produces, generates, purchases, sells, transmits or distributes electricity to another electric utility or to a user of electricity.
2. "Executed by the cooperative" means executed by manual or facsimile signature on behalf of the cooperative by a duly authorized officer or, if the corporation is under the control of a receiver or trustee, by the receiver or trustee.
3. "Generation and transmission cooperative" means a corporation that is organized under this article or that becomes subject to this article as provided in this article.
4. "Person" means a natural person, firm, association, corporation, business trust or partnership or any agency or political subdivision of the United States or of this state or any other political body.