cooperative bank

(32)The term “cooperative bank” means an institution without capital stock organized and operated for mutual purposes and without profit, which— (A)is subject by law to supervision and examination by State or Federal authority having supervision over such institutions, and (B)meets the requirements of subparagraphs (B) and (C) of paragraph (19) of this subsection (relating to definition of domestic building and loan association).


26 USC § 7701(a)(32)

Scoping language

When used in this title
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