§421C-34 Use of name "cooperative"; penalty. (a) Only (1) associations organized hereunder, (2) groups organized on a cooperative basis under this or any other law of this State, and (3) foreign corporations authorized to do business in this State on a cooperative basis under this or any other law of this State, shall be entitled to use the term "cooperative" or any abbreviation or derivation thereof, as part of their business name, or to represent themselves, in their advertising or otherwise, as conducting business on a cooperative basis as defined in this chapter, notwithstanding section 421-5.
(b) Any person, firm, or corporation violating this section shall be punished by a fine of not more than $1,000, and the attorney general or any aggrieved individual, association, or group organized on a cooperative basis under this or any other law of this State may sue to enjoin an alleged violation of this section. [L 1982, c 97, pt of §2]
Structure Hawaii Revised Statutes
Title 23. Corporations and Partnerships
421C. Consumer Cooperative Associations
421C-3 Stock and nonstock associations; general corporation laws, when applicable.
421C-19 Limitations on interest-dividends.
421C-20 Admission to membership.
421C-21 Issuance of stock and membership certificates.
421C-22 Transfer of shares and membership; withdrawal.
421C-23 Recall of member's holdings.
421C-25 Allocation and distribution of net savings.
421C-26 Cooperative agreements.
421C-30 Voluntary dissolution, etc.
421C-32 Associations and agreements are not in restraint of trade.
421C-34 Use of name "cooperative"; penalty.
421C-35 Construction of chapter.
421C-36 Exemption of voting stock from registration.
421C-37 Existing cooperatives.