A benefit corporation may have an officer designated as the benefits officer who shall have such authority and shall perform such duties in the management of the benefit corporation relating to the purpose of the corporation to create general or specific public benefit as may be provided by or pursuant to the bylaws or, in the absence of controlling provisions in the bylaws, as may be determined by or pursuant to resolutions or orders of the board of directors. If a benefit corporation has a benefit officer, the duties of the benefit officer shall include preparing the benefit report required under section 3331 (relating to annual benefit report).
Cross References. Section 3324 is referred to in section 3302 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 33 - Benefit Corporations
Section 3301 - Application and effect of chapter
Section 3303 - Formation of benefit corporations
Section 3304 - Election of benefit corporation status
Section 3305 - Termination of benefit corporation status
Section 3311 - Corporate purposes
Section 3321 - Standard of conduct for directors
Section 3322 - Benefit director
Section 3323 - Standard of conduct for officers
Section 3324 - Benefit officer