Indiana Code 23-15-12-3. Unlawful practices
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Sec. 3. After December 31, 2017, it is unlawful for a business entity that is not a cooperative entity to:
(A) “cooperative”; or
(1) use the term:
Terms Used In Indiana Code 23-15-12-3
- cooperative entity: means a business entity subject to this chapter that is:
Indiana Code 23-15-12-2
(B) “co-op”;
or a derivative of a term listed in clauses (A) and (B) as part of the name or title of the business entity if the use of the term would create a substantial likelihood of misleading the public by implying that the business entity is a cooperative entity; or
(2) advertise or represent the business entity to the public, its customers, or prospective customers:
(A) as a cooperative entity; or
(B) as an entity operating on a cooperative basis.
As added by P.L.97-2017, SEC.3.