Rhode Island Statutes

§ 7-5.3-10 — § 7-5.3-10. Benefit officer.

Rhode Island·Title 7 Corporations, Associations and Partnerships·Ch. 7-5.3 Benefit Corporations

§ 7-5.3-10. Benefit officer.

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

(b) A benefit officer shall have:

(1) 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.

(2) The duty to prepare the benefit report requ

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Rhode Island § 7-5.3-10 (§ 7-5.3-10. Benefit officer.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 2013, ch. 487, § 1; P.L. 2013, ch. 500, § 1.

Nearby Sections

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