New Mexico Coop Board Seeks Dismissal of Recall Petition
Posted on May 9, 2011 in Corporate Governance, Litigation | Comments Off on New Mexico Coop Board Seeks Dismissal of Recall Petition
An April 29 petition calling for the replacement of all but two members of the Kit Carson Electric Cooperative Board of Trustees faces dismissal after the Board filed a formal motion requesting a judge throw out the recall effort. The Board alleges the petition was signed under false pretenses by many of the signatories who believed it was a petition to prevent rate increases. Read the full story.
