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Subchapter I - Preliminary Provisions
§ 29–1301.01. Short title - This chapter may be cited as the “Benefit Corporation Act...
§ 29–1301.02. Definitions - (a) For the purposes of this chapter, the term: (1)...
§ 29–1301.03. Applicability; construction - (a) This chapter shall be applicable to all benefit corporations....
§ 29–1301.04. Formation of benefit corporations - A benefit corporation must be formed in accordance with Chapter...
§ 29–1301.05. Election of status - (a) An existing business corporation may become a benefit corporation...
§ 29–1301.06. Termination of status - (a) A benefit corporation may terminate its status as a...
Subchapter II - Corporate Purposes
§ 29–1302.01. Corporate purposes - (a) A benefit corporation shall have a purpose of creating...
Subchapter III - Accountability
§ 29–1303.01. Standard of conduct for directors - (a) In discharging the duties of their respective positions and...
§ 29–1303.02. Benefit director - (a) The board of directors of a benefit corporation shall...
§ 29–1303.03. Standard of conduct for officers - (a) Each officer of a benefit corporation shall consider the...
§ 29–1303.04. Benefit officer - (a) A benefit corporation may designate a benefit officer. (b)...
§ 29–1303.05. Right of action - (a) Except in a benefit enforcement proceeding, no person may...
Subchapter IV - Transparency
§ 29–1304.01. Annual benefit report - (a) A benefit corporation shall prepare an annual benefit report...