§ 499.4 — Use of term “cooperative” restricted

Iowa § 499.4

• Jurisdiction: Iowa
• Title XII: BUSINESS ENTITIES
• Ch. 499: COOPERATIVE ASSOCIATIONS

Text

1. A person including a corporation hereafter organized, which is not an association as
defined in this chapter or a cooperative as defined in chapter 501 or 501A, shall not use the
word“cooperative”oranyabbreviationthereofinitsnameoradvertisingorinanyconnection
with its business, except foreign associations admitted under section 499.54. The attorney
general or any association or any member thereof may sue and enjoin such use.
2. This chapter does not control the use of fictitious names. However, if a cooperative
association or a foreign cooperative association uses a fictitious name in this state, the
cooperative association or foreign cooperative association shall deliver to the secretary of
state for filing a copy of the resolution of its board of directors, certified by its secretary,
adopting the fictitious name.

Legislative History

[C35, §8512-g4; C39, §8512.04; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §499.4]