Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 10.15.595 - DefinitionsIn this chapter, unless the context otherwise requires,
(1) "articles" means articles of incorporation;(2) "board" means board of directors;(3) "commissioner" means the commissioner of commerce, community, and economic development;(4) "cooperative" means a cooperative corporation subject to the provisions of this chapter;(5) "corporation" means a corporation that is not a cooperative;(6) "court" means superior court;(7) "department" means the Department of Commerce, Community, and Economic Development;(8) "foreign cooperative" means a cooperative corporation organized under laws other than the laws of this state;(9) "member" means a person who has been qualified and accepted for membership in a cooperative;(10) "membership stock" means a class of stock, continuous ownership of which is required for membership in a cooperative;(11) "shareholder" means a holder of shares of capital stock of a cooperative other than membership stock.