Utah Statutes
§ 16-10b-304 — Benefit officer.
(1)A benefit corporation may have an officer designated as the benefit officer.
(2)A benefit officer has:
(2)(a) the powers and duties relating to the purpose of the corporation to create general public benefit or specific public benefit provided:
(2)(a)(i) by the bylaws; or
(2)(a)(ii) absent controlling provisions in the bylaws, by resolutions or orders of the board of directors; and
(2)(b) the duty to prepare the benefit report required by Section 16-10b-401.
Free access — add to your briefcase to read the full text and ask questions with AI
Utah § 16-10b-304 (Benefit officer.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Chapter 394, 2014 General Session
Nearby Sections
15
§ 16-10a-1001
Authority to amend.§ 16-10a-1002
Amendment by board of directors.§ 16-10a-1003
Amendment by board of directors and shareholders.§ 16-10a-1004
Voting on amendments by voting groups.§ 16-10a-1005
Amendment before issuance of shares.§ 16-10a-1006
Articles of amendment.§ 16-10a-1007
Restated articles of incorporation.§ 16-10a-1008
Amendment pursuant to reorganization.§ 16-10a-1008.5
Conversion to a nonprofit corporation.§ 16-10a-1008.7
Conversion to or from a domestic limited liability company.§ 16-10a-1009
Effect of amendment.§ 16-10a-101
Short title.§ 16-10a-102
Definitions.