West Virginia Code
Chapter 31F. West Virginia Benefit Corporation Act

Article 1. General Provisions

§31F-1-101. Short Title - This chapter is and may be cited as the West...

§31F-1-102. Definitions - As used in this article: (a) "Benefit corporation" means a...

§31F-1-103. Construction of Chapter - (a) This chapter shall apply to all benefit corporations. (b)...

Article 2. Incorporation

§31F-2-201. Formation of Benefit Corporations - A benefit corporation shall be formed in accordance with article...

§31F-2-202. Election of Status After Formation - A corporation that was not formed as a benefit corporation...

§31F-2-203. Termination of Status - A benefit corporation may terminate its status as such and...

Article 3. Purposes

§31F-3-301. Corporate Purposes - (a) A benefit corporation shall have as one of its...

Article 4. Directors and Officers

§31F-4-401. Standard of Conduct for Directors - (a) Subject to article eight, chapter thirty-one-d of this code,...

§31F-4-402. Limitation Upon Liability of Officers - An officer of a benefit corporation has no liability for...

§31F-4-403. Right of Action - (a) The duties of directors and officers under this chapter,...

Article 5. Report

§31F-5-501. Annual Benefit Report - (a) A benefit corporation shall prepare an annual benefit report...