Section 10.25.040. Name.

Latest version.

   (a) The name of a cooperative must include the words "electric" or "telephone," as appropriate to its purpose, and "cooperative," and the abbreviation "inc."
   (b) The name of a cooperative must be distinguishable on the records of the Department of Commerce, Community, and Economic Development from the name of any other organized entity and from a reserved or registered name. The Department of Commerce, Community, and Economic Development may adopt regulations under AS 44.62 (Administrative Procedure Act) to implement this subsection.
   (c) The provisions of (a) of this section do not apply to a corporation that becomes subject to this chapter by compliance with AS 10.25.290 and 10.25.300 or 10.25.820 and that elects to retain a corporate name that does not comply with (a) of this section.

Notes

Implemented As

3 AAC 16.120

History

(Sec. 5 ch 93 SLA 1959; am Sec. 8 ch 30 SLA 1992; am Sec. 15, 16 ch 50 SLA 1999)

                    
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