FOUR COUNTY ELEC. MEMBERSHIP v. POWERS

No. 8910SC34.

386 S.E.2d 107 (1989)

96 N.C. App. 417

FOUR COUNTY ELECTRIC MEMBERSHIP CORPORATION v. Helen A. POWERS, in her official capacity as Secretary of the North Carolina Department of Revenue.

Court of Appeals of North Carolina.

December 5, 1989.


Attorney(s) appearing for the Case

Crisp, Davis, Schwentker, Page & Currin by William T. Crisp, II and Cynthia M. Currin, Raleigh, for plaintiff-appellant.

Atty. Gen. Lacy H. Thornburg by Sp. Deputy Atty. Gen. George W. Boylan, Raleigh, for defendant-appellee Secretary of Revenue.


JOHNSON, Judge.

Four County is a nonprofit electric cooperative corporation organized pursuant to Chapter 117 of the North Carolina General Statutes. It also meets the requirements for tax exempt status under section 501(c)(12) of the Internal Revenue Code.

Each month Four County sends bills to its customers (who are also considered to be members of the cooperative) for electricity furnished. From these amounts received, Four County, pursuant to its bylaws...

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