[Code of Federal Regulations]
[Title 26, Volume 18]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR301.7701-14]

[Page 648]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 301_PROCEDURE AND ADMINISTRATION--Table of Contents
 
                               Definitions
 
Sec. 301.7701-14  Cooperative bank.

    For taxable years beginning after October 16, 1962, the term 
``cooperative bank'' means an institution without capital stock 
organized and operated for mutual purposes without profit which meets 
the supervisory test, the business operations test, and the various 
assets tests specified in paragraphs (d) through (h) of Sec. 301.7701-
13, employing the rules and definitions of paragraphs (j) through (l) of 
that section. In applying paragraphs (b) through (l) of such section any 
references to an ``association'' or to a ``domestic building and loan 
association'' shall be deemed to be a reference to a cooperative bank.