What happens to the capital credits of a member-owner who dies?

The capital credits of a deceased member-owner may be paid without waiting for a general retirement. However, these estate payments are not automatic. A representative of the estate must request the credits by submitting an application and a copy of the death certificate. Fill out an application for an estate refund. These will be considered by the Roanoke Electric Board of Directors. If retirement is approved by the Board, a check will be issued to the estate and the account will be closed.