§1745. Property classification of cooperative interest
1.
Personal property.
A cooperative interest is personal property.
[PL 1993, c. 300, §1 (NEW).]
2.
Nonseverable interest.
The possessory interest evidenced by a proprietary lease is a part of and may not be severed from a cooperative interest.
[PL 1993, c. 300, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 300, §1 (NEW).