North Dakota Code 10-15-58 – Use of term cooperative – Penalty for improper use
Current as of: 2023 | Check for updates
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1. The term “cooperative”, or any variation thereof, may be used either by any association organized under this chapter or under other laws of this state relating to cooperative corporations.
Attorney's Note
Under the North Dakota Code, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Infraction | up to $1,000 |
Terms Used In North Dakota Code 10-15-58
- Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
2. No other person may use the term “cooperative”, or any variation thereof, as part of the person’s corporate or other business name or title, nor may any other person in any other manner represent that that person is a cooperative. A violation of this subsection is an infraction.
3. Any cooperative may obtain an injunction against acts prohibited by subsection 2 without showing any damage to itself.