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21-1306 Cooperative; use of word restricted; penalty for violation.

21-1306. Cooperative; use of word restricted; penalty for violation.No corporation, company, firm or association which shall not be incorporated as a cooperative corporation shall adopt or use the words cooperative or any abbreviation thereof as a part of its name. Any person or company violating the provisions of this section shall be guilty of a Class V misdemeanor for each day's continuance of the offense. SourceLaws 1921, c. 28, § 5, p. 162; C.S.1922, § 646; C.S.1929, § 24-1305; R.S.1943, § 21-1306; Laws 1977, LB 40, § 78.

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