cmay":1vt3itpv said:
I will read further. Below is copied from their website. From the Terms and Legal section.
Certified Angus Beef ® , CAB ® , Angus beef at its best® and/or any other American Angus Association-owned trademarks are the exclusive trademarks or service marks of the Certified Angus Beef LLC and are protected by Federal trademark law. Other product and company names mentioned in the CAB Program's Web Site may be the trademarks of their respective owners.
AAA owns CAB. All the revenue from CAB goes to AAA. AAA reports it as income. It's really simple.
In the direct sense it is an LLC. Certified Angus Beef LLC.
Edited to add:
Reading the history on the website, it states that an independent group of ranchers and producers started the organization. The legal section states that CAB is a Limited Liability Company. It does not state who owns it. Since CAB is registered to the AAA, it follows that AAA must own the LLC.
cmay, their website does not have a clear statement as to who owns the LLC.