Massachusetts General Laws ch. 157B sec. 7 – Name
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Section 7. The name of each cooperative corporation must comply with the provisions of chapter one hundred and fifty-six B and, in addition, must contain the word ”cooperative”.
Terms Used In Massachusetts General Laws ch. 157B sec. 7
- 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.