Maryland Statutes

§ 5-6C-06

Maryland·Article gca Corporations and Associations·Title 5
(a)(1) Each benefit corporation shall have the purpose of creating a general public benefit.
(2)The purpose described in paragraph (1) of this subsection is in addition to, and may be a limitation on, the purposes of the corporation under § 2–101 of this article.
(b)(1) In addition to its purposes under § 2–101 of this article and subsection (a) of this section, the charter of a benefit corporation may identify as one of the purposes of the benefit corporation the creation of one or more specific public benefits.
(2)The identification in its charter of a specific public benefit purpose under paragraph (1) of this subsection does not limit the obligation of a benefit corporation to create a general public benefit.
(c)The creation of a ge

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