co-operative association

co-operative association
Any combination of the efforts of two or more persons for the achievement of a common purpose; a corporation created by a banding together of persons for their common advantage or advancement, financial or otherwise, and organized for the mutual benefit of its members. 18 Am J2d Co-op Asso § 1. A co-operation association organized and acting in furnishing gas or electricity to its members becomes a public utility where it serves or is willing to serve the Public. 43 Am J1st Pub Util § 6.

Ballentine's law dictionary. . 1998.

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