(a) Each incorporator of a cooperative shall be a member of the cooperative or of another cooperative that is a member of it. A person may not become a member unless that person agrees to use electric energy, or telephone service, or other services furnished by the cooperative when they are made available through its facilities.
(b) Membership in a cooperative is not transferrable, except as provided in the bylaws. The bylaws may
(1) prescribe additional qualifications and limitations on membership;
(2) require membership as a condition of obtaining service from the cooperative;
(3) provide for termination or suspension of membership; however, a membership may not be terminated unless procedures for termination are contained in the bylaws.
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