Iowa Code 501.104 – Name
Current as of: 2023 | Check for updates
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1. The name must contain the word “cooperative”, “coop”, or “co-op”.
Terms Used In Iowa Code 501.104
- Cooperative: means a cooperative association organized under this chapter or converted to this chapter pursuant to section 501. See Iowa Code 501.101
- 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.
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
2. The name must be distinguishable from all of the following:
a. The name of a cooperative organized under this chapter.
b. The name of a cooperative or cooperative association organized under another chapter, including chapter 497, 498, 499, or 501A.
c. The name of a foreign cooperative, cooperative association, or corporation authorized to do business in this state, including as provided in section 499.54 or section 501A.221.
d. The name of a cooperative which has been administratively dissolved pursuant to section 501.812 for a period of less than five years from the effective date of the dissolution.