2019 Oklahoma Statutes
Title 18. Corporations
§18-435. Use of word "cooperative".

Universal Citation: 18 OK Stat § 18-435 (2019)

No person, firm or association, nor any corporation other than such as shall be organized pursuant to Sections 421 through 439.2 of this title or pursuant to the Uniform Limited Cooperative Association Act of 2009, shall make use of the word "cooperative", in the name under which its or their business is carried on. Whoever shall violate the provisions of this section shall be punishable by fine of not exceeding One Hundred Dollars ($100.00) for each offense. The violation of this section may furthermore be enjoined at the suit of any citizen of the state.

Added by Laws 1919, c. 147, p. 214, § 15. Amended by Laws 2009, c. 68, § 150, eff. Jan. 1, 2010.

NOTE: Laws 2008, c. 382, § 170 was held unconstitutional by the Oklahoma Supreme Court in the case of Weddington v. Henry, 202 P.3d 143, 2008 OK 102 (2009) and repealed by Laws 2009, c. 68, § 152, eff. Jan. 1, 2010.

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