### Question
What is the definition of cooperative electric company?


### Answer
The definition of **cooperative electric company** is as follows in *26 U.S.C. § 54C*:

> a mutual or cooperative electric company described in section 501(c)(12) or section 1381(a)(2)(C)

#### Citation:
  - *26 U.S.C. § 54C*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART IV-CREDITS AGAINST TAX > Subpart I-Qualified Tax Credit Bonds**

