§ 23-15-12-3 — Unlawful practices

Indiana § 23-15-12-3

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 15: MISCELLANEOUS PROVISIONS
• Ch. 12: Use of Cooperative in Business Entity Name or

Text

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.

Legislative History

As added by P.L.97-2017, SEC.3.