New York Laws
Article 17 - Benefit Corporations
1706 - Corporate Purposes.

(a) Every benefit corporation shall have a purpose of creating general
public benefit. This purpose is in addition to its purposes under
section two hundred one of this chapter and any specific purpose set
forth in its certificate of incorporation under paragraph (b) of this
section. The purpose to create general public benefit shall be a
limitation on the other purposes of the benefit corporation, and shall
control over any inconsistent purpose of the benefit corporation.
(b) The certificate of incorporation of a benefit corporation may
identify one or more specific public benefits that it is the purpose of
the benefit corporation to create in addition to its purposes under
section two hundred one of this chapter and paragraph (a) of this
section. The identification of a specific public benefit under this
paragraph does not limit the obligation of a benefit corporation to
create general public benefit.
(c) The creation of general and specific public benefits as provided
in paragraphs (a) and (b) of this section is in the best interests of
the benefit corporation.
(d) A benefit corporation may amend its certificate of incorporation
to add, amend or delete the identification of a specific public benefit
that it is the purpose of the benefit corporation to create. The
amendment shall not be effective unless it is adopted by at least the
minimum status vote.