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

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