Bylaws of South Plains Electric Cooperative, Inc.

as amended August 15, 2003

Article I: Membership
Article II: Membership Suspension and Termination and Repayment of Fees, Dividends and Claims
Article III: Meeting
Article IV: Directors and District Map
Article V: Meetings of Directors
Article VI: Officers: Miscellaneous
Article VII: Contracts, Checks and Deposits
Article VIII: Membership Certificates
Article IX: Non-Profit Operation
Article X: Waiver of Notice
Article XI: Disposition and Pledging of Property: Distribution of Surplus Assets on Dissolution
Article XII: Fiscal Year
Article XIII: Rules of Order
Article XIV: Seal
Article XV: Amendments and Statement of Nondiscrimination