eligible cooperative
Defined in 2 places — 1 distinct definitions of the United States Code.
For purposes of this section, the term "eligible cooperative" means a cooperative organization described in section 1381(a) which is owned more than 50 percent by agricultural producers or by entities owned by agricultural producers. For this purpose an entity owned by an agricultural producer is one that is more than 50 percent owned by agricultural producers.
Same definition in 2 sections
- 2005–present26 U.S.C. § 45Internal Revenue Code · Electricity produced from certain renewable resources, etc. · for purposes of this section
- 2022–present26 U.S.C. § 45YInternal Revenue Code · Clean electricity production credit · for purposes of this section