N.Y. Rural Electric Cooperative Law 12 – Name
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§ 12. Name. The name of a cooperative shall include the words "Electric" and "Cooperative," and the abbreviation "Inc.," and shall be distinct from the name of any other cooperative or corporation organized under the laws of, or authorized to do business in this state. Only a cooperative or corporation doing business in this state pursuant to this chapter shall use both the words "Electric" and "Cooperative" in its name.
Terms Used In N.Y. Rural Electric Cooperative Law 12
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.