Courier Journal – Co-ops could help combat food insecurity, create equality in Louisville

From the Courier Journal

A new type of business is popping up in Louisville and throughout the commonwealth that could serve as a useful tool in combating some of these issues and creating more equality of opportunity in non-traditional ways.

In 2012, the Kentucky General Assembly passed the Uniform Limited Cooperative Association Act, creating a new business entity known as a cooperative (co-op). Co-ops act in the same manner as any other business in that they have a product or service that follows a business plan. The differences between cooperatives and other entities are only seen in management and ownership, but not in the business.

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