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§986.32. Proprietary capacity.

7 C.F.R. § 986.32

Proprietary capacity means the capacity or interest of a grower or handler that, either directly or through one or more intermediaries or affiliates, is a property owner together with all the appurtenant rights of an owner, including the right to vote the interest in that capacity as an individual, a shareholder, member of a cooperative, partner, trustee or in any other capacity with respect to any other business unit.
Notes, amendments, and revision history

Authority

Authority: 7 U.S.C. 601-674.

Source

Source: 81 FR 51302, Aug. 4, 2016, unless otherwise noted.