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.