Montana Code 35-18-201. Name
35-18-201. Name. (1) The name of each cooperative shall include the words “electric” or “telephone” and “cooperative” and the abbreviation “Inc.”; provided, however, such limitations shall not apply if, in an affidavit made by the president or vice-president of a cooperative and filed with the secretary of state, it shall appear that the cooperative desires to transact business in another state and is precluded therefrom by reason of its name.
Terms Used In Montana Code 35-18-201
- Cooperative: means a corporation organized under this chapter or a corporation that becomes subject to the provisions of this chapter. See Montana Code 35-18-102
- 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.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(2)The name of a cooperative shall distinguish it from the name of any other corporation organized under the laws of or authorized to transact business in this state.
(3)The words “electric” or “telephone” and “cooperative” shall not both be used in the name of any corporation organized under the laws of or authorized to transact business in this state, except a cooperative or a corporation transacting business in this state pursuant to the provisions of this chapter.