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805 ILCS 317/10

    (805 ILCS 317/10)
    Sec. 10. Definitions. In this Act:
    "Candidate" means a worker who is being considered for membership in a worker cooperative, as defined in the cooperative association's articles or bylaws.
    "Collective worker cooperative" means a limited cooperative association that only has one class of members consisting of worker-members who manage all of the affairs of the limited cooperative association.
    "Community investor" means a person who is not a member and who holds a share or other proprietary interest in a limited cooperative association.
    "Distribution" means a transfer of money or other property from a limited cooperative association to a member because of the member's financial rights or to a transferee of a member's financial rights.
    "Member" means any person who, pursuant to a specific provision of a limited cooperative association's articles or bylaws, has the right to vote for the election of a director or directors, or possesses proprietary interests in the limited cooperative association.
    "Multi-stakeholder cooperative" means a cooperative organized under this Act that has different classes of members whose rights and proprietary interests shall be determined by the articles or bylaws. At least 51% of the members shall be worker-members or candidates. A multi-stakeholder cooperative is a worker cooperative for purposes of this Act.
    "Worker cooperative" means a limited cooperative association formed under this Act that includes a class of worker-members who are natural persons whose patronage consists of labor contributed to or other work performed for the limited cooperative association. Election to be organized as a worker cooperative does not create a presumption that workers are employees of the corporation for any purposes. A worker cooperative formed under this Act may include additional classes of members whose rights and proprietary interests shall be determined by the articles or bylaws. At least 51% of the workers shall be worker-members or candidates.
    "Worker" means a natural person contributing labor or services to a worker cooperative.
    "Worker-member" means a member of a worker cooperative who is a natural person and also a patron of a worker cooperative.
(Source: P.A. 101-292, eff. 1-1-20.)