---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-012831"
form_type: "8-K"
ticker: null
cik: "0000885568"
company_name: "OLD DOMINION ELECTRIC COOPERATIVE"
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T02:19:29.080255+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Director resigns, bylaws amended on qualifications and supermajority voting at Old Dominion Electric Cooperative

## Summary
- Cary J. Logan, Jr. resigns from board effective April 30, 2023, following his resignation from Prince George Electric Cooperative.
- Bylaws amended to require directors to meet qualifications at their Class A member, have authority to act, and support cooperative principles.
- Bylaws amended to require supermajority (>2/3) vote for amendments to board policy on rate and obligation to serve outside certificated areas.

## SEC filing metadata
- accession: 0000950170-23-012831
- form_type: 8-K
- cik: 0000885568
- company_name: OLD DOMINION ELECTRIC COOPERATIVE
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885568/000095017023012831/0000950170-23-012831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885568/000095017023012831/ck0000885568-20230411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-012831
- JSON: https://secwatch.observer/filing/0000950170-23-012831.json
- Plain text: https://secwatch.observer/filing/0000950170-23-012831.txt

## Key facts
- Executive change
  Cary J. Logan, Jr. resigned as director at OLD DOMINION ELECTRIC COOPERATIVE.
  - Action: resigned
  - Role: director
  source text: On April 11, 2023, we received notice from Mr. Cary J. Logan, Jr., that in conjunction with his resignation from Prince George Electric Cooperative, he will resign from our board of directors, effective April 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885568/000095017023012831/0000950170-23-012831-index.htm
- Governance Changes
  OLD DOMINION ELECTRIC COOPERATIVE: Amended Section 5.08 to require supermajority vote for amendments to board policy governing rate and service obligations for load outside certificated service areas (effective 2023-04-11).
  - Change: bylaw amendment
  - Effective: 2023-04-11
  source text: Section 5.08 Voting; Issues Reserved for Supermajority Voting was updated to include any amendments to the board policy that governs Old Dominion Electric Cooperative's rate and obligation to serve the power requirements of load that exists outside current certificated service areas in the enumerated items that require an affirmative vote of greater than two-thirds of all directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885568/000095017023012831/0000950170-23-012831-index.htm
- Governance Changes
  OLD DOMINION ELECTRIC COOPERATIVE: Amended Section 4.03 to add director qualification requirements including membership qualifications, authority to act on behalf of Class A member, and support for cooperative principles (effective 2023-04-11).
  - Change: bylaw amendment
  - Effective: 2023-04-11
  source text: On April 11, 2023, the Bylaws of Old Dominion Electric Cooperative were amended with an effective date of April 11, 2023. There were two material changes that relate to Section 4.03 Qualifications for directors and Section 5.08 Voting; Issues Reserved for Supermajority Voting. Section 4.03 Qualifications was amended to include the requirements that a director must meet all the qualifications for the position he or she currently holds at the Class A member, have the authority to act on behalf of the Class A member, and support the principles underlying cooperative business and governance models and the Class A Member's membership in Old Dominion Electric Cooperative.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885568/000095017023012831/0000950170-23-012831-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.