1. (a) Subject to subsection (b) of this section, within 180 days after providing a certification to the Commission under § 5-635(h) of this subtitle, the cooperative's board of directors, by a supermajority vote, shall:

   1. (1) Adopt bylaws for the member-regulated cooperative; and
   2. (2) Amend the cooperative's articles of incorporation to reflect the cooperative's conversion to being a member-regulated cooperative.

2. (b) The bylaws and amended articles of incorporation shall:

   1. (1) Authorize the member-regulated cooperative to provide broadband Internet service;
   2. (2) Establish a plan for making broadband Internet service available to members in a manner that maximizes deployment with available financial resources;
   3. (3) Include an allocation method in accordance with § 5-607(c) of this subtitle to ensure that electric customers do not subsidize the cost of broadband Internet service; and
   4. (4) Except as provided in § 5-637(a)(2) of this subtitle, be consistent with this subtitle.

Added by Acts 2020, c. 606, § 2, eff. May 8, 2020.