General Laws of Massachusetts - Chapter 157A Employee Cooperative Corporations - Section 2 Definitions

Section 2. As used in this chapter the following words shall, unless the context clearly requires otherwise, have the following meanings:

“Employee cooperative”, a corporation which has elected to be governed by the provisions of this chapter.

“Member”, a natural person who has been accepted for membership in, and owns a membership share issued by an employee cooperative.

Section:  Previous  1  2  3  4  5  6  7  8  9  10  11  Next

Last modified: September 11, 2015