Written notice of any change in the rates charged by the Cooperative for electric energy shall be given to the Rural Electrification Administration of the United States of America within the time and in the manner prescribed by law or by agreement with the Rural Electrification Administration.
The Cooperative shall conduct at least 1 membership hearing prior to the effective date of any change in the rate charged by the Cooperative for electric energy. Notice of the membership hearing shall be given in the manner prescribed in Article III of these bylaws for notifying members of the annual meeting of members.
Not later than the date that the notice of the rate hearing is issued, the Cooperative shall make available to members so requesting and local news media information relating to the nature and purpose of the rate proposals under consideration.