An employee cooperative may include the word "cooperative" or "co-op" in its corporate name, provided, however, that the name shall not include the words "electric" or "power".
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 11 - Employee Cooperative Corporations.
Section 10A-11-1.01 - Short Title.
Section 10A-11-1.02 - Definitions.
Section 10A-11-1.03 - Election as Employee Cooperative.
Section 10A-11-1.04 - Revocation.
Section 10A-11-1.05 - Corporate Name.
Section 10A-11-1.06 - Members; Membership Shares; Rights and Responsibilities.
Section 10A-11-1.07 - Directors and Officers.
Section 10A-11-1.08 - Voting Power; Amendment or Repeal of Bylaws; Protection of Stockholders.
Section 10A-11-1.09 - Apportionment, etc., of Net Earnings or Losses.
Section 10A-11-1.10 - Internal Capital Accounts.
Section 10A-11-1.11 - Internal Capital Account Cooperatives.
Section 10A-11-1.12 - Conversion of Membership Shares, etc.; Merger of Employee Cooperatives.