204.304 Benefit officer.
(1) Designation. A benefit corporation may have an officer designated the “benefit officer."
(2) Functions. A benefit officer shall have the powers and duties, as provided in the bylaws and as determined by the board of directors, relating to the benefit corporation's purpose of creating general public benefit or specific public benefit.
History: 2017 a. 77.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 204 - Benefit corporations.
204.101 - Application and effect of chapter.
204.103 - Formation of benefit corporations.
204.104 - Election of an existing business corporation to become a benefit corporation.
204.105 - Termination of benefit corporation status.
204.301 - Standard of conduct for directors.