Oregon Statutes 62.850 – Use of term cooperative
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(1)(a) Except as provided in paragraph (b) of this subsection, a person other than a cooperative incorporated under this chapter or under a previous Act of this state or organized under the laws of another jurisdiction may not use the term ‘cooperative,’ or any variation of the term, as part of the person’s corporate or other business name or title.
Terms Used In Oregon Statutes 62.850
- Cooperative: means a cooperative corporation that is subject to the provisions of this chapter. See Oregon Statutes 62.015
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Person: means an individual, corporation, association, firm, partnership, joint stock company, cooperative or foreign cooperative. See Oregon Statutes 62.015
(b) The provisions of paragraph (a) of this subsection do not apply to a consumer operated and oriented plan, as described in the Patient Protection and Affordable Care Act (P.L. 111-148, section 1322).
(2) A cooperative may bring an action to enjoin a violation of this section without a showing of damage to the cooperative. [1957 c.716 § 71; 1981 c.542 § 12; 2013 c.159 § 5]