Alabama Code 2-10-1. Use of word “cooperative” in title
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Terms Used In Alabama Code 2-10-1
- 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: includes a corporation as well as a natural person. See Alabama Code 1-1-1
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
No person, firm, corporation or association organized or doing business in this state as a cooperative association to market agricultural products shall be entitled to use the word “cooperative” as a part of its corporate or other business name or title unless it has complied with the provisions of this chapter.