1. (1) The board of directors of each cooperative electric association shall adopt a written policy governing the election of directors. The association shall post the policy on the association's website, provide notice of the policy at the time a person becomes a member, and provide a copy of the policy to a member upon request. The election policy shall contain true and complete information on the following subjects:

   1. (a) The procedure and timing for a member to become a candidate for the board of directors and the process by which elections for the board of directors are held;
   2. (b) The qualifications for candidates and requirements for appearing on the ballot;
   3. (c) The date of the election, which shall be fixed, posted on the association's website, and otherwise publicized no less than six months before the election;
   4. (d) Who is entitled to vote in an election, including how joint members may vote; and
   5. (e) How a member may obtain and cast a ballot.
2. (2) In addition to the requirements of subsection (1) of this section, information on how to become a candidate and the schedule for elections shall be posted on the association's website and otherwise publicized based on a member's preferred method of communication no less than two months before petitions to become a candidate are due.
3. (3) The deadline to return ballots shall be posted on the website at least two months before the deadline and shall remain so posted until after the election.

Source: L. 2010: Entire section added, (HB 10-1098), ch. 424, p. 2194, § 2, effective August 11. L. 2021: IP(1), (2), and (3) amended and (1)(d) and (1)(e) added, (HB 21-1131), ch. 65, p. 262, § 4, effective September 7.