Chapter: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | General Provisions
Article: 1 | 2 | Definitions
Section: 6526 | 6528 | 6530 | 6531 | 6532 | 6534 | 6542 | 6544 | 6546 | 6548 | 6550 | 6552 | 6553 | 6554 | 6560 | 6562 | 6564 | 6566 |

Section 6566 - Stock Cooperative

"Stock cooperative" means a development in which a corporation is formed or availed of, primarily for the purpose of holding title to, either in fee simple or for a term of years, improved real property, and all or substantially all of the shareholders of the corporation receive a right of exclusive occupancy in a portion of the real property, title to which is held by the corporation. The owners’ interest in the corporation, whether evidenced by a share of stock, a certificate of membership, or otherwise, shall be deemed to be an interest in a common interest development and a real estate development for purposes of subdivision (f) of Section 25100 of the Corporations Code.

This section is referenced in Section 6564

Prior Law:  Old CID Section 1351(m)

Similar to:  CID Section 4190