# Cooperative

**IRI:** https://folio.openlegalstandard.org/RCsSG3CCLhnxP2AJIMaGhaZ

## Labels

**Translations:**

- de-de: Genossenschaft
- fr-fr: Coopérative
- ja-jp: 協同組合
- pt-br: Cooperativa
- zh-cn: 合作社

## Definition

A cooperative is a legal entity that is owned and operated by its members, who share in the profits and decision-making of the organization.

## Sub Class Of

- https://folio.openlegalstandard.org/Rb83PjlzxELY9WY21pSO81

**Is Defined By:** https://ncbaclusa.coop/resources/state-cooperative-statute-library/

**Deprecated:** False