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§ 23-15-12-3 — Indiana Law | CourtGPT
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  4. Title 23 - Business and Other Associations/
  5. Article 15 - Miscellaneous Provisions/
  6. Chapter 12 - Use of Cooperative in Business Entity Name or Marketing Materials23-15-12-1. Exceptions/
  7. § 23-15-12-3
Indiana Legal Code

§ 23-15-12-3

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After December 31, 2017, it is unlawful for a business entity that is not a cooperative entity to:(1) use the term:(A) 'cooperative'; or(B) 'co-op';or a derivative of a term listed in clauses (A) and (B) as part of the name or title of the business entity if the use of the term would create a substantial likelihood of misleading the public by implying that the business entity is a cooperative entity; or(2) advertise or represent the business entity to the public, its customers, or prospective customers:(A) as a cooperative entity; or(B) as an entity operating on a cooperative basis.As added by P.L.97-2017, SEC.3.