Virginia Code 13.1-348: Name
Current as of: 2023 | Check for updates
|
Other versions
A. A worker cooperative may include the word “cooperative” or “co-op” in its corporate name.
Terms Used In Virginia Code 13.1-348
- Person: includes any individual, corporation, partnership, association, cooperative, limited liability company, trust, joint venture, government, political subdivision, or any other legal or commercial entity and any successor, representative, agent, agency, or instrumentality thereof. See Virginia Code 1-230
- Worker: means an individual employed by a worker cooperative. See Virginia Code 13.1-346
- Worker cooperative: means a corporation incorporated under the provisions of Article 3 (§ 13. See Virginia Code 13.1-346
B. No person hereafter commencing business in the Commonwealth may use the phrase “worker cooperative,” “worker co-op,” “employee cooperative,” or “employee co-op” as a part of its corporate name unless it has elected to be governed as a worker cooperative in accordance with this article.
2020, c. 673.