Sec. 3. 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.