(a) A benefit corporation shall send its annual benefit report to each shareholder (1) not later than one hundred twenty days following the end of the fiscal year of the benefit corporation, or (2) at the same time that the benefit corporation delivers any other annual report to its shareholders, whichever is earlier.
(b) A benefit corporation shall post and maintain each annual benefit report on the public portion of its Internet web site, if any, except that the compensation paid to directors and any financial, confidential or proprietary information included in any benefit report may be omitted from the benefit report as posted.
(c) If a benefit corporation does not have an Internet web site, the benefit corporation shall provide a copy of such corporation's most recent benefit report, without charge, to any person who requests a copy, but the compensation paid to directors and any financial, confidential or proprietary information included in any benefit report may be omitted from such copy.
(P.A. 14-217, S. 154.)
Structure Connecticut General Statutes
Chapter 604 - Benefit Corporations
Section 33-1350. - Short title: Connecticut Benefit Corporation Act.
Section 33-1351. - Definitions.
Section 33-1352. - Construction of statutes.
Section 33-1353. - Incorporation of benefit corporation.
Section 33-1354. - Election of benefit corporation status.
Section 33-1355. - Legacy preservation provision.
Section 33-1356. - Termination of benefit corporation status.
Section 33-1358. - Standards of conduct for directors.
Section 33-1359. - Benefit director.
Section 33-1360. - Standards of conduct for officers.
Section 33-1361. - Benefit officer.
Section 33-1362. - Right of action. Benefit enforcement proceeding.
Section 33-1363. - Third-party standard. Preparation of annual benefit report.