From statesman.com, August 19, 2008...
The Pedernales Electric Cooperative continued its efforts to rehabilitate its tattered image Monday, gaining legal control of and releasing new details about a previously undisclosed bank account. It also agreed to abide by sweeping new policies guaranteeing its members access to meetings and co-op records.
The $565,000 noninterest-bearing account, in the name of Texland Electric Cooperative, was revealed three weeks ago by the co-op. Pedernales is still under a court-ordered financial review. Texland was started by the Pedernales cooperative in partnership with Bluebonnet Electric Cooperative 30 years ago, but it appears to have ceased all operations by the mid-1980s.
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Tuesday, August 19, 2008
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