Current through Pa Acts 2024-53, 2024-56 through 2024-79
Section 7103 - Use of term "cooperative" in corporate name(a) General rule.--Except as otherwise provided by statute: (1) The corporate name of a cooperative corporation shall contain the term "cooperative" or an abbreviation thereof.(2) The name of an association shall not contain the term "cooperative" or an abbreviation thereof unless the association is a cooperative corporation.(b) Cross reference.--See section 7307 (relating to prohibition on use of words "electric cooperative").1988, Dec. 21, P.L. 1444, No. 177, § 103, effective 10/1/1989. Amended 1990, Dec. 19, P.L. 834, No. 198, § 102, imd. effective.