Section 10.15.595. Definitions.

In 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.

Notes

Recent Bills that will modify this

HB 122 CORPORATION/LLC/PARTNERSHIP REPORTS

History

(Sec. 2 ch 107 SLA 1959; am Sec. 1 ch 48 SLA 1960; am Sec. 69 ch 218 SLA 1976)