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2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 157a - Employee Cooperative Corporations
Section 2 - Definitions
Universal Citation: MA Gen L ch 157a § 2 (2019)
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.
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