### Question
How does the law define cooperative?


### Answer
Under *7 U.S.C. § 1926c*, **cooperative** is defined as:

> a cooperative formed specifically for the purpose of the installation, expansion, improvement, or operation of water supply or waste disposal facilities or systems

#### Citation:
  - *7 U.S.C. § 1926c*
  - Heading: **CHAPTER 50-AGRICULTURAL CREDIT > SUBCHAPTER I-REAL ESTATE LOANS**

