Louisiana Revised Statutes 17:2805 – Name of cooperative
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Terms Used In Louisiana Revised Statutes 17:2805
- Cooperative: means a corporation organized under this Chapter and a corporation which becomes subject to this Chapter in the manner provided in this Chapter. See Louisiana Revised Statutes 17:2803
- 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.
The name of each cooperative shall include the words “Educational” and “Cooperative,” and the abbreviation “Inc.,”. The name of a cooperative shall distinguish it from the name of any other corporation organized under the laws of, or authorized to transact business in, this state. The words “Educational” and “Cooperative” shall not both be used in the name of any corporation organized under the laws of, or authorized to transact business in, this state, except a cooperative or a corporation transacting business in this state pursuant to the provisions of this Chapter.
Added by Acts 1958, No. 257, §5.