
In
Wisconsin, every cooperative shall use the term "cooperative"
or an abbreviation thereof as part of its corporate name or affixed
thereto. See §185.94 (4).
In
Minnesota, on the other hand, §308A.011 restricts the use of
the term cooperative to: " Subdivision 1. Only business subject
to this chapter may use term cooperative. (a) A corporation or association
organized in this state may not use the term "cooperative"
as part of its corporate or business name or title, or to represent
itself as a cooperative, unless the corporation or association has
complied with and is subject to this chapter or has incorporated
under other laws of this state authorizing incorporation of business
on a cooperative plan."
So,
Wisconsin regulates by requiring the word Cooperative or some abbreviation
thereof to be used in the co-op's name. Minnesota regulates the
use of the word Cooperative by specifying who cannot use that word
in a corporate name.
This
varies from state to state.
This information brought to you by:
Joel J. Dahlgren
Lindquist & Vennum, P.L.L.P.
4200 IDS Center
80 South 8th Street
Minneapolis, MN 55402
612-371-3990 (Direct Phone)
612-371-3207 (Fax)
e-mail: jdahlgren@lindquist.com |