{"data":{"id":"us-pa/15-pa.c.s.-7702","jurisdiction":"us-pa","citation":"15 Pa.C.S. § 7702","heading":"Definitions.","body":"The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:\n\"Bureau.\" (Deleted by amendment).\n\"Corporation.\" A corporation for profit which has elected to be governed by this chapter.\n\"Member.\" An individual who patronizes a corporation by the contribution of labor and who has been accepted for membership in and owns a membership share issued by the corporation.\n\"Patronage.\" The number of hours of work performed as a member of a corporation.\n\"Patronage allocation.\" The share of net earnings or losses with respect to a period of time paid or credited to a member on the basis of the ratio which the member's patronage during the period involved bears to total patronage by all members during that period.\n\"Written notice of allocation.\" A written instrument which discloses to a member the stated dollar amount of the member's patronage allocation and the terms of payment of that amount by the corporation.","path":["Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS","PART II CORPORATIONS","SUBPART D COOPERATIVE CORPORATIONS","ARTICLE B DOMESTIC COOPERATIVE CORPORATION ANCILLARIES","CHAPTER 77 WORKERS' COOPERATIVE CORPORATIONS"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=15\u0026div=0\u0026chpt=77\u0026sctn=2\u0026subsctn=0","current_through":"2026-07-28 (Statute Update stamp, 15 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:13Z","sha256":"76781e224dcde889f11882e8f4429fec5b17c12ec35cf166c7b42f12e963f3c2","source_id":"us-pa","stale":false,"prev":"us-pa/15-pa.c.s.-7701","next":"us-pa/15-pa.c.s.-7703"},"notice":"GroundRules: Original legal text. Not legal advice."}
