### Question
How does the law define cooperative?


### Answer
Under *7 U.S.C. § 1732*, **cooperative** is defined as:

> a private sector organization whose members own and control the organization and share in its services and its profits and that provides business services and outreach in cooperative development for its membership

#### Citation:
  - *7 U.S.C. § 1732*
  - Heading: **CHAPTER 40-HALOGETON GLOMERATUS CONTROL > SUBCHAPTER IV-GENERAL AUTHORITIES AND REQUIREMENTS**

