There is a newer version
of
this Section
2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 15. MISCELLANEOUS PROVISIONS
CHAPTER 12. Use of Cooperative in Business Entity Name or Marketing Materials
23-15-12-3. Unlawful practices
Universal Citation: IN Code § 23-15-12-3 (2018)
IC 23-15-12-3 Unlawful practices
Sec. 3. After December 31, 2017, it is unlawful for a business entity that is not a cooperative entity to:
(1) use the term:
(A) "cooperative"; or
(B) "co-op";
or a derivative of a term listed in clauses (A) and (B) as part of the name or title of the business entity if the use of the term would create a substantial likelihood of misleading the public by implying that the business entity is a cooperative entity; or
(2) advertise or represent the business entity to the public, its customers, or prospective customers:
(A) as a cooperative entity; or
(B) as an entity operating on a cooperative basis.
As added by P.L.97-2017, SEC.3.
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
