Vermont § 3002 - Powers A cooperative shall have power:

§ 3002. Powers A cooperative shall have power:

• (1) To sue and be sued in its corporate name. (2) To have perpetual existence. (3) To adopt a corporate seal and alter the same. (4) To generate, manufacture, purchase, acquire, accumulate, and transmit electric energy;
  and to distribute, sell, supply, and dispose of energy, cable television, telecommunications,
  interactive media, and internet access to its members, to governmental agencies, and
  to political subdivisions; provided, however, that in the generation of electric energy
  by water power, a cooperative shall comply with the provisions of 10 V.S.A. §§ 1081–1099, relating to the construction and maintenance of dams and, provided further, that
  a cooperative doing any activity governed by this title shall be regulated for that
  activity. (5) To assist persons to whom electric energy is or will be supplied by the cooperative
  in wiring their premises and in acquiring and installing, in compliance with all applicable
  codes, electrical and plumbing appliances, equipment, fixtures, and apparatus by the
  financing thereof or otherwise, and in connection therewith to wire or cause to be
  wired, such premises and to purchase, acquire, lease as lessor or lessee, sell, distribute,
  install, and repair such electric and plumbing appliances, equipment, fixtures, and
  apparatus with the intention that members of the cooperative make the most efficient
  use of energy. (6) To work cooperatively with governmental entities or private sector institutions, or
  a combination of both, for purposes of economic or community development, to benefit
  cooperative members in their communities. (7) To construct, purchase, lease as lessee or lessor, or otherwise acquire, and to equip,
  maintain, and operate; and to sell, assign, convey, mortgage, pledge, or otherwise
  dispose of or encumber electric transmission and distribution lines or systems, electric
  generating plants, electric cold storage or processing plants, lands, buildings, structures,
  dams, plants, equipment, and any other real or personal property tangible or intangible,
  which shall be deemed necessary, convenient, or appropriate to accomplish the purpose
  for which the cooperative is organized