Nebraska § 21-411 Benefit officer; powers and duties

Nebraska Statutes

§ 21-411 — Benefit officer; powers and duties

Nebraska·Ch. 21 Corporations and Other Companies

(1)A benefit corporation may have an officer designated the benefit officer.

(2)A benefit officer shall have:

(a)The powers and duties relating to the purpose of the corporation to create general public benefit or specific public benefit provided:

(i)By the bylaws; or

(ii)Absent controlling provisions in the bylaws, by resolutions or orders of the board of directors; and

(b)The duty to prepare the annual benefit report required by section 21-413 .

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(1) A benefit corporation
may have an officer designated the benefit officer.
(2) A benefit officer shall
have:
(a)
The powers and duties relating to the purpose of the corporation to create
general public benefit or specific public benefit provided:
(i) By the bylaws; or
(ii) Absent controlling provisions
in the bylaws, by resolutions or orders of the board of directors; and
(b) The duty to prepare the
annual benefit report required by section 21-413 .

Nebraska § 21-411 (Benefit officer; powers and duties) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.