A cooperative may generate, manufacture, purchase, acquire, accumulate, and transmit electric energy, and may distribute, sell, supply, and dispose of electric energy to its members, to governmental agencies and political subdivisions, and to other persons.

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Source: SL 1947, ch 33, § 4; SDC Supp 1960, § 11.2204 (4); SL 1997, ch 258, § 2.