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Trustee proposes reorganization plan for Southern co-op

By Clair Johnson

Billings Gazette

What would a reorganized Southern Montana Electric and Transmission Cooperative look like after bankruptcy?

Under an amended plan filed recently in U.S. Bankruptcy Court by Trustee Lee Freeman, Southern would be composed of its four remaining rural cooperatives — Beartooth, Fergus, Mid-Yellowstone and Tongue River, which represent about 13,000 members.

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