Maine § 13-C §1831 Preparation of annual benefit report

Maine Statutes

§ 13-C §1831 — Preparation of annual benefit report

Maine § 13-C §1831

Title 13-CMAINE BUSINESS CORPORATION ACT

Ch. 18BENEFIT CORPORATIONS

This text of Maine § 13-C §1831 (Preparation of annual benefit report) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 13-C, § 13-C §1831 (2026).

Text

1.Contents. A benefit corporation shall prepare an annual benefit report including:

2.Change of benefit director. If, during the year covered by a benefit report, a benefit director resigned from or refused to stand for reelection to the position of benefit director, or was removed from the position of benefit director, and the benefit director furnished the benefit corporation with any written correspondence concerning the circumstances surrounding the resignation, refusal or removal, the benefit report must include that correspondence as an exhibit.

3.Audit not required. Neither the benefit report nor the assessment of the performance of the benefit corporation in the benefit report required by subsection 1, paragraph B needs to be audited or certified by a 3rd party.

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1.
Contents.
A benefit corporation shall prepare an annual benefit report including:
2.
Change of benefit director.
If, during the year covered by a benefit report, a benefit director resigned from or refused to stand for reelection to the position of benefit director, or was removed from the position of benefit director, and the benefit director furnished the benefit corporation with any written correspondence concerning the circumstances surrounding the resignation, refusal or removal, the benefit report must include that correspondence as an exhibit.
3.
Audit not required.
Neither the benefit report nor the assessment of the performance of the benefit corporation in the benefit report required by subsection 1, paragraph B needs to be audited or certified by a 3rd party.