Examples of Stock cooperative in a sentence
Section 11003.2 of the Business and Professions Code is amended to read: 11003.2. "Stock cooperative" has the same meaning as specified in Section 4190 of the Civil Code, except that, as used in this CHAPTER, a "stock cooperative" does not include a limited-equity housing cooperative.
Because it is clear that Ornelas’ punishment was not in excess of the statutory maximum nor was his sentence an upward departure from the guideline range, his numerous sentencing arguments cannot be challenged in this collateral petition.
A person who owns an undivided interest, in common, in a parcel of real property, together with a separate interest, in space, in a residential, industrial, or commercial building on such real property, is said to have an interest in a: (A) Community apartment project; (B) Planned development project; (C) Condominium project; (D) Stock cooperative project.
Stock cooperative or community apartment project 108 Gov’t Code § 66475.2 (amended).
Stock cooperative - A corporation formed for the purpose of holding title, in fee, or as an estate for years, to improved real property where Lumbleau Real Estate School⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯the shareholders receive a right of exclusive occupancy to a portion of the real property.