Section 46-3-200. Purposes of electric membership corporations

   An electric membership corporation may serve any one or more of the following purposes:

   (1) To furnish electrical energy and service;

   (2) To assist its members in the efficient and economical use of energy;

   (3) To engage in research and to promote and develop energy conservation and sources and methods of conserving, producing, converting, and delivering energy; and

   (4) To engage in any lawful act or activity necessary or convenient to effect the foregoing purposes.

Ga. L. 1937, p. 644, § 3; Code 1933, § 34C-201, enacted by Ga. L. 1981, p. 1587, § 1.