10-2124

10-2124. Use of name

A. The name of a generation and transmission cooperative shall include the word "cooperative" and the abbreviation "inc.", unless, in a statement executed by the cooperative and filed with the corporation commission, it appears that the generation and transmission cooperative desires to transact business in another state and would be precluded from doing so by reason of including these words in its name.

B. The name of the generation and transmission cooperative must be distinguishable from the name of any other cooperative or corporation organized under the laws of or authorized to do business in this state. Only a generation and transmission cooperative doing business in this state pursuant to this article may use all of the words "electric", "power" and "cooperative" in its name.