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Public Utilities — Electric Membership Corporation – Capital Credits – Discounted-Rate Retirement – Contract – Tort/Negligence – Civil Practice – Statute of Limitations (access required)

Lockerman v. South River Electric Membership Corp. (Lawyers Weekly No. 15-15-0572, 26 pp.) (James Gale, C.J.) 2015 NCBC 57 Holding: When plaintiff’s decedents passed away before it was time for defendant South River Electric Membership Corporation (SREMC) to retire their ...

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Public Utilities — Electric Membership Corporation – Real Property – Easements – Bylaws – Contract – Tort/Negligence (access required)

Cape Hatteras Electric Membership Corp. v. Stevenson (Lawyers Weekly No. 15-15-0404, 19 pp.) (Gregory McGuire, J.) 2015 NCBC 34 Holding: The court upholds an electric membership corporation’s bylaws (1) requiring members to grant the EMC an easement upon “reasonable terms ...

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