Indiana Statutes
§ 23-15-12-3 — Unlawful practices
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 15 MISCELLANEOUS PROVISIONS·Ch. 12 Use of Cooperative in Business Entity Name or
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.
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Legislative History
As added by P.L.97-2017, SEC.3.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"