{"data":{"id":"us-ca/civ-4190","jurisdiction":"us-ca","citation":"CIV § 4190","heading":"","body":"(a) “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.\n(b) A “stock cooperative” includes a limited equity housing cooperative which is a stock cooperative that meets the criteria of Section 817.","path":["Civil Code - CIV","DIVISION 4. GENERAL PROVISIONS [3274. - 9566.]","PART 5. Common Interest Developments [4000. - 6150.]","CHAPTER 1. General Provisions [4000. - 4190.]","ARTICLE 2. Definitions [4075. - 4190.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"92832c2f60cae63b659d6be7504712dcae7c84160bdcef09ab74534aa4985389","source_id":"us-ca","stale":false,"prev":"us-ca/civ-4185","next":"us-ca/civ-4200"},"notice":"GroundRules: Original legal text. Not legal advice."}