Pennsylvania Statutes

§ 7103 — Use of term "cooperative" in corporate name

Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART II·Ch. 71 COOPERATIVE CORPORATIONS GENERALLY·Subch. GENERAL PROVISIONS
(a)General rule.--Except as otherwise provided by statute:
(1)The corporate name of a cooperative corporation shall contain the term "cooperative" or an abbreviation thereof.
(2)The name of an association shall not contain the term "cooperative" or an abbreviation thereof unless the association is a cooperative corporation.
(b)Cross reference.--See section 7307 (relating to prohibition on use of words "electric cooperative").

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Legislative History

(Dec. 19, 1990, P.L.834, No.198, eff. imd.) 1990 Amendment.Act 198 amended subsec. (b). Cross References.Section 7103 is referred to in sections 7105, 7107 of this title.

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