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Current as of January 01, 2024 | Updated by Findlaw Staff
1. The term “cooperative”, or any variation thereof, may be used either by any association organized under this chapter or under other laws of this state relating to cooperative corporations.
2. No other person may use the term “cooperative”, or any variation thereof, as part of the person's corporate or other business name or title, nor may any other person in any other manner represent that that person is a cooperative. A violation of this subsection is an infraction.
3. Any cooperative may obtain an injunction against acts prohibited by subsection 2 without showing any damage to itself.
Cite this article: FindLaw.com - North Dakota Century Code Title 10. Corporations § 10-15-58. Use of term cooperative--Penalty for improper use - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-10-corporations/nd-cent-code-sect-10-15-58/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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