An association may organize, form, operate, own, control, have an interest in, own stock of, or be a member of any other cooperative, corporation, or other form of organization.

Terms Used In Ohio Code 1729.80

  • Association: means any corporation organized under this chapter. See Ohio Code 1729.01
  • Cooperative: means an association or a foreign association. See Ohio Code 1729.01
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Member: means a person who has been qualified and accepted into membership in a cooperative. See Ohio Code 1729.01