[§421C-34]  Use of name
"cooperative"; penalty.  (a)  Only (1) associations organized
hereunder, (2) groups organized on a cooperative basis under this or any other
law of this State, and (3) foreign corporations authorized to do business in
this State on a cooperative basis under this or any other law of this State,
shall be entitled to use the term "cooperative" or any abbreviation
or derivation thereof, as part of their business name, or to represent
themselves, in their advertising or otherwise, as conducting business on a
cooperative basis as defined in this chapter, notwithstanding section 421-5.



(b)  Any person, firm, or corporation violating
this section shall be punished by a fine of not more than $1,000, and the
attorney general or any aggrieved individual, association, or group organized
on a cooperative basis under this or any other law of this State may sue to
enjoin an alleged violation of this section. [L 1982, c 97, pt of §2]