§ 7-5.3-10. Benefit officer.
(a) A benefit corporation may have an officer designated as the benefit officer.
(b) A benefit officer shall have:
(1) The powers and duties relating to the purpose of the corporation to create general public benefit or specific public benefit provided:
(i) By the bylaws; or
(ii) Absent controlling provisions in the bylaws, by resolutions or orders of the board of directors.
(2) The duty to prepare the benefit report required by § 7-5.3-12.
History of Section.P.L. 2013, ch. 487, § 1; P.L. 2013, ch. 500, § 1.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-5.3 - Benefit Corporations
Section 7-5.3-1. - Application and effect of chapter.
Section 7-5.3-2. - Definitions.
Section 7-5.3-3. - Incorporation of benefit corporation.
Section 7-5.3-4. - Election of benefit corporation status.
Section 7-5.3-5. - Termination of benefit corporation status.
Section 7-5.3-6. - Corporate purposes.
Section 7-5.3-7. - Standard of conduct for directors.
Section 7-5.3-8. - Benefit director.
Section 7-5.3-9. - Standard of conduct for officers.
Section 7-5.3-10. - Benefit officer.
Section 7-5.3-11. - Right of action.