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Re:Texas electric firm files for bankruptcy citing $1.8B in ... by clcaev on Monday March 01, 2021 @07:23AM (#26302077)
Unlike many private universities, rural electric cooperatives are controlled democratically by member-owners. In this case, it was a nested structure: the members were a dozen of local distribution cooperatives. Those distribution cooperatives have households for their member-owners. So, the power to regulate executive salary by households was there.

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