South Carolina § 33-38-430 Duties of benefit officer.

South Carolina Statutes

§ 33-38-430 — Duties of benefit officer.

South Carolina § 33-38-430

Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS

Ch. 38SOUTH CAROLINA BENEFIT CORPORATION ACT

This text of South Carolina § 33-38-430 (Duties of benefit officer.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 33-38-430 (2026).

Text

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

(B)The duties of the benefit officer include the following:

(1)monitoring the benefit corporation's pursuit of the general and any specific public benefits purpose of the benefit corporation and the general and any specific public benefit created by the benefit corporation;

(2)performing such other duties to the extent provided in either the bylaws of the benefit corporation or a resolution adopted by the board of directors of the benefit corporation that is not in conflict with the bylaws; and (3) preparing the annual benefit report required by Section 33-38-500.

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(A) A benefit corporation may have an officer designated as the benefit officer. (B) The duties of the benefit officer include the following: (1) monitoring the benefit corporation's pursuit of the general and any specific public benefits purpose of the benefit corporation and the general and any specific public benefit created by the benefit corporation; (2) performing such other duties to the extent provided in either the bylaws of the benefit corporation or a resolution adopted by the board of directors of the benefit corporation that is not in conflict with the bylaws; and (3) preparing the annual benefit report required by Section 33-38-500.