193.105

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193.105 Use of term “cooperative” restricted.

193.105(1)

(1) Use of term “cooperative” restricted. A business entity may not use the term “cooperative” as part of its business name or title or represent itself as a cooperative, in this state, unless the business entity is a cooperative or foreign cooperative or is organized under ch. 185.

193.105(2)

(2) Penalty for misuse of term “cooperative”. A business entity that violates sub. (1) may be fined not more than $250. Each day of improper use constitutes a separate offense.