Membership Corporation

Membership Corporation

A company or organization that is formed for purposes other than generating a profit.

Common examples of membership corporations are religious societies and trade unions.


Beneficial Association.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
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References in periodicals archive ?
Austin: Fitch Ratings has affirmed the following trust receipts for Brunswick Electric Membership Corporation, NC (BEMC):
Middle Tennessee Electric Membership Corporation is a member-owned, not-for-profit electric cooperative providing electricity to more than 225,000 residential and business members in Williamson, Wilson, Rutherford and Cannon counties.
Among the companies now working with MOBITV are All West Communications, Arvig, ATMC (Atlantic Telephone Membership Corporation), Dalton Utilities/OptiLink, Elevate Fiber, Fidelity Communications, Greenlight Community Broadband, MetroNet, Nex-Tech, Nortex Communications, RiverStreet Networks, and USA Communications.
Organized pursuant to a statute passed by the Mississippi Legislature in 1947, Mississippi Hospital and Medical Service (the company's original name) was converted to a non-profit hospital, medical and surgical service membership corporation the following year through a 1948 statute that apparently applied only to it.
That's the motto of Sawnee Electric Membership Corporation, a rural electric cooperative utility serving north-central Georgia.
Since last month, Loayon said the business council has conducted information campaigns about the project to encourage Filipinos to become members of the entity, which will function like a membership corporation "such that the members, being stakeholders of the business, will benefit from the services of the hospital." "If we're looking at 250,000 Filipinos in Qatar, we're trying to reach out to at least 10% of the population.
International Resource News-November 13, 2015--Georgia Electric Membership Corporation names new president/CEO
HTC was approached by the Lumbee River Electric Membership Corporation (LREMC), a not-for-profit regional electric utility, to service a portion of Robeson County, North Carolina through a new fiber-based network.
In addition to networking and team-building, Legion Operating Training Group will also help Electric Membership Corporation raise awareness for the Sua Sponte Foundation, a non-profit organization which helps US Army Rangers and their families in times of need.
- Walton Electric Membership Corporation - Power Plants and SWOT Analysis, 2013 Update
"The ability to securely aggregate and transport data in real time from consumers to our Consert Data Center for access by our utility partners is a key point of differentiation between our offerings and those of other smart grid service providers." Verizon Wireless and Consert completed two pilots with North Carolina-based Fayetteville Public Works Commission (FPWC) and Wake Electric Membership Corporation (WEMC) trialing Consert's Energy Management Solution.

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