62.850 Use of term “cooperative
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62.850 Use of term “cooperative.” (1)(a) Except as provided in paragraph
(b)of this subsection, a person other than a cooperative incorporated under this chapter or under a previous Act of this state or organized under the laws of another jurisdiction may not use the term “cooperative,” or any variation of the term, as part of the person’s corporate or other business name or title.
(b)The provisions of paragraph
(a)of this subsection do not apply to a consumer operated and oriented plan, as described in the Patient Protection and Affordable Care Act (P.L. 111-148, section 1322).
(2)A cooperative may bring an action to enjoin a violation of this section without a showing of damage to the cooperative. [1957 c.716 §71; 1981 c.542 §12; 2013 c.159 §5]