Mass. Gen. Laws ch. 157A § 2
Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
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.
Mass. Gen. Laws ch. 157A, § 2