Legislation

§ 2. Definitions. As used in this chapter: 1. The term "joint stock
association" includes every unincorporated joint stock association,
company or enterprise having written articles of association and capital
stock divided into shares, but does not include a corporation or a
business trust.

2. The term "business trust" means any association operating a
business under a written instrument or declaration of trust, the
beneficial interest under which is divided into shares represented by
certificates.

3. The term "stockholder" means every member of a joint stock
association.

4. The term "association," as used in article four of this chapter,
means a joint stock association or a business trust as defined in this
section.