New Hampshire Revised Statutes 301-A:34 – Use of Term “Cooperative”
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Terms Used In New Hampshire Revised Statutes 301-A:34
- 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.
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
Only persons, firms, corporations, associations, and foreign corporations operating on a cooperative basis and authorized to do business in New Hampshire, and which comply with the provisions of this chapter, shall be entitled to use the term “cooperative.” Provided, that any person, firm, or corporation using the word “cooperative” as part of its business name prior to July 1, 1983, shall not be subject to the provisions of this section.