Use of term "cooperative"

The term "cooperative" or any variation thereof, may be used either by any cooperative organized under this chapter or under other laws of this state relating to cooperative corporations, or by any foreign cooperative licensed to do business in this state or by any association of cooperatives, or corporations, whose members are cooperatives. Source: SDC 1939, § 11.1155 (1) as enacted by SL 1965, ch 23, § 1.