Use of term “cooperative” restricted

193.105 Use of term “cooperative” restricted. (1) USE OF TERM “COOPERATIVE” RESTRICTED. A business entity may not use the term “cooperative” as part of its business name or title or represent itself as a cooperative, in this state, unless the business entity is a cooperative or foreign cooperative or is organized under ch. 185. (2) PENALTY FOR MISUSE OF TERM “COOPERATIVE”. A business entity that violates sub. (1) may be fined not more than $250. Each day of improper use constitutes a separate offense. History: 2005 a. 441.