10-2122. Purpose

Nonprofit electric generation and transmission cooperative corporations may be organized under this article for the purpose of:

1. Producing and generating, purchasing, marketing or selling electric energy or transmitting such energy to other electric utilities or persons.

2. Providing services relating to producing and generating, purchasing, marketing or selling electric energy or transmitting this energy to other electric utilities or persons or services relating to any other lawful purpose.

3. Directly or through an affiliate, providing broadband service to areas in which the cooperative provides electric energy services.