§ 54-109.5. Use of name exclusive.

§54‑109.5.  Use of name exclusive.

With the exception of a creditunion organized under the provisions of Articles 14A to 14L of this Chapter orof any other credit union act, or an association of credit unions or arecognized chapter thereof, any person, corporation, copartnership orassociation using a name or title containing the words "credit union"or any derivation thereof or representing themselves in their advertising orotherwise as conducting business as a credit union shall be guilty of a Class 1misdemeanor, and may be permanently enjoined from using such words in its name.(1915, c. 115, s. 4; C.S., s. 5214; 1925, c. 73, s. 3; 1935, c. 87;1941, c. 236; 1975, c. 538, s. 1; 1993, c. 539, s. 428; 1994, Ex. Sess., c. 24,s. 14(c).)