You have probably heard us at Southern Indiana Power talk a lot about being a cooperative owned by its members. Does this mean that those who receive our goods or services have ownership in the cooperative? Yes, that is exactly what that means. It also means that the board of directors who make the decisions for the cooperative are also owners. Any member of the co-op who is 21
years of age or older, resides in the district served and meets the following criteria:
- Must be willing to safeguard the interest of the cooperative among the members and the general public.
- Must not in any way be employed by or financially interested in a business selling supplies to the cooperative.
- Must not be a husband, wife, mother, father, brother, sister, child, or in-law of a current employee or director of the cooperative.
- No present or former employee of the cooperative shall be eligible to become a board member.
- Must be willing to attend regularly scheduled and special meetings of the board of directors and also attend national, state and local organization meetings with associated interests.
- Must be willing to attain NRECA director certification within nine years after being elected.
As a member of Southern Indiana Power, you, too, could lead the cooperative in a board director position. At the April 20 annual meeting, we will be electing member-consumers from District 5 and District 6 to serve on the board of directors.
- District 5 includes Anderson and Troy townships in Perry County.
- District 6 includes the Leopold, Tobin and Union townships in Perry County.
All director nominees for election at the annual meeting must be nominated by a certified petition signed by 30 or more members of the cooperative who reside in the district from which the nominee is being selected to run. (For the purposes of this petition, a husband and wife constitute only one signature.)
Each petition must contain a certification by a member of the district that he or she personally witnessed each signature included with the petition.
The petition must be filed at the office of the cooperative not less than 60 nor more than 100 days prior to the annual meeting. The assistant secretary-treasurer of the cooperative shall certify to the board of directors within 15 days after receipt of a petition whether or not the petition contains the necessary 30 member signatures. No nominations may be made at the annual meeting or during
the 60-day period proceeding the meeting.
Forms are available at the Southern Indiana Power office. Forms will be accepted starting Jan. 11, 2021, and the deadline to submit the material is Feb. 19, 2021.