Get ready for your 84th annual meeting

It’s game time with York Elec­tric

York Elec­tric will host its 84th annu­al meet­ing in May. As we approach this date, we will be send­ing out more infor­ma­tion to pre­pare you to attend, reg­is­ter and vote. For now, here is what you need to know:

Two oppor­tu­ni­ties to reg­is­ter and vote:

Like last year, we will offer two options to exer­cise the val­ue of your mem­ber­ship and reg­is­ter and vote on your board of trustees. Please choose one of the fol­low­ing dates to do so:

Wednes­day, April 30, 9 a.m.–2 p.m. Where: Tega Cay Cataw­ba Park, 2351 New Gray Rock Road, Fort Mill, SC 29708

Sat­ur­day, May 3, 8 a.m.–1 p.m. Where: YEC’s main office, 1385 E. Alexan­der Love High­way, York, SC 29745

Watch for your spe­cial edi­tion!

You will receive our spe­cial annu­al meet­ing issue of South Car­oli­na Liv­ing in April. Since this edi­tion will have spe­cial­ized infor­ma­tion about your mem­ber­ship, keep an eye on your mail­box!

The reg­is­tra­tion card you will need to attend our annu­al meet­ing will be attached to the front cov­er. Tear it off, store it safe­ly and bring it, along with a valid pho­to ID, to reg­is­ter for a $25 pow­er bill cred­it. You will also be eli­gi­ble to vote and to be entered into our prize draw­ing.

PROPOSED BYLAW CHANGE

Sec­tion 4.02 Qual­i­fi­ca­tions

No per­son shall be eli­gi­ble to become or remain a Trustee of the Coop­er­a­tive who is a Close Rel­a­tive of an incum­bent Trustee or an employ­ee of the Coop­er­a­tive, or is or has been employed by the Coop­er­a­tive as a reg­u­lar employ­ee with­in the last nine (9) years of the cur­rent elec­tion, or is not a Mem­ber in good stand­ing of the Coop­er­a­tive, and has been receiv­ing elec­tric ser­vice from Coop­er­a­tive at his Pri­ma­ry Res­i­dence for a min­i­mum peri­od of three (3) years, and has been in com­pli­ance with the Cooperative’s poli­cies as well as hav­ing had no delin­quen­cies in the pre­vi­ous twelve (12) months of ser­vice pre­ced­ing cur­rent elec­tion. No per­son shall be eli­gi­ble to become or remain a Trustee of, or to hold any oth­er posi­tion of trust in the Coop­er­a­tive, who does not have the legal capac­i­ty to enter into a bind­ing con­tract or who is in any way employed by or sub­stan­tial­ly finan­cial­ly inter­est­ed in a com­pet­ing enter­prise, or a busi­ness sell­ing elec­tric ener­gy or sup­plies to the Coop­er­a­tive, or a busi­ness sub­stan­tial­ly engaged in sell­ing elec­tri­cal or plumb­ing appli­ances, fix­tures, sup­plies or wiring pri­mar­i­ly to the Mem­bers of the Coop­er­a­tive. A Trustee may not have a direct busi­ness rela­tion­ship with the Coop­er­a­tive that is dis­tinct from or in addi­tion to the Trustee’s manda­to­ry Coop­er­a­tive mem­ber­ship. Notwith­stand­ing any of the fore­go­ing pro­vi­sions of this Sec­tion treat­ing with Close Rel­a­tive rela­tion­ships no incum­bent Trustee shall lose eli­gi­bil­i­ty to remain a Trustee or to be re-elect­ed as a Trustee if he becomes a Close Rel­a­tive of anoth­er incum­bent Trustee or of a Coop­er­a­tive employ­ee because of a mar­riage or adop­tion to which he was not a par­ty. Upon estab­lish­ment of the fact that a nom­i­nee for Trustee lacks eli­gi­bil­i­ty under this Sec­tion or as may be pro­vid­ed else­where in these Bylaws, it shall be the duty of the chair­man pre­sid­ing at the meet­ing at which such nom­i­nee would oth­er­wise be vot­ed upon to dis­qual­i­fy such nom­i­nee. Upon the estab­lish­ment of the fact that any per­son being con­sid­ered for, or already hold­ing, a Trustee­ship or oth­er posi­tion of trust in the Coop­er­a­tive lacks eli­gi­bil­i­ty under this Sec­tion, it shall be the duty of the Board to with­hold such posi­tion from such per­son, or to cause him to be removed there­from, as the case may be. Noth­ing con­tained in this Sec­tion shall, or shall be con­strued to, affect in any man­ner what­so­ev­er the valid­i­ty of any action tak­en at any meet­ing of the Board, unless such action is tak­en, with respect to a mat­ter which is affect­ed by the pro­vi­sions of this Sec­tion and is one in which one or more of the Trustees have an inter­est adverse to that of the Coop­er­a­tive. Can­di­dates for the Board of Trustees must swear by signed affi­davit that the address indi­cat­ed on their driver’s license or state-issued iden­ti­fi­ca­tion card is their Prin­ci­pal Res­i­dence. For pur­pos­es of this Sec­tion, 10 the terms “Pri­ma­ry Res­i­dence” and “Prin­ci­pal Res­i­dence” shall be deter­mined accord­ing to South Car­oli­na vot­er reg­is­tra­tion law.

The Board of Trustees is autho­rized to adopt a pol­i­cy requir­ing all can­di­dates for Board Trustee posi­tions to dis­close cam­paign dona­tions, rela­tion­ships with all non-mem­bers and /or non-mem­ber orga­ni­za­tions, con­flict of inter­ests to the busi­ness inter­est of the Coop­er­a­tive, and/ or a state­ment of eco­nom­ic inter­ests. Such dis­clo­sures shall be on forms as adopt­ed by the Board of Trustees and shall be avail­able to the mem­ber­ship of the Coop­er­a­tive for inspec­tion. A pol­i­cy so adopt­ed may con­tain a require­ment that fail­ure to make the required dis­clo­sures in a time­ly man­ner will be cause for dis­qual­i­fi­ca­tion of a can­di­date and/or if a can­di­date is elect­ed with­out mak­ing accu­rate dis­clo­sures such Trustee can be removed for cause from the Board upon major­i­ty vote of the Board of Trustees.

What does this mean?

The revi­sion requires Trustee can­di­dates to dis­close cam­paign dona­tions, con­flicts of inter­est, and finan­cial ties, with fail­ure to dis­close poten­tial­ly lead­ing to dis­qual­i­fi­ca­tion or removal from the Board.