Formation of benefit corporations
Source:
Section 1703 — Formation of benefit corporations, https://www.nysenate.gov/legislation/laws/BSC/1703 (updated Sep. 22, 2014; accessed Jan. 18, 2025).
1701
Application and effect of article 1702
Definitions 1703
Formation of benefit corporations 1704
Election of an existing business corporation to become a benefit corporation 1705
Termination of benefit corporation status 1706
Corporate purposes 1707
Standard of conduct for directors and officers 1708
Annual benefit report 1709
Conspicuous language on the face of certificates
Application and effect of article 1702
Definitions 1703
Formation of benefit corporations 1704
Election of an existing business corporation to become a benefit corporation 1705
Termination of benefit corporation status 1706
Corporate purposes 1707
Standard of conduct for directors and officers 1708
Annual benefit report 1709
Conspicuous language on the face of certificates
