Section 105 – Benefit company name.

• (1) The name of a benefit company may contain the words “benefit limited liability company,” “benefit limited company,” or “benefit company” or the abbreviation “B.L.L.C.,” “BLLC,” “B.L.C.,” or “BLC.” “Limited” may be abbreviated as “Ltd.,” and “company” may be abbreviated as “Co.”

• (2) A benefit company that complies with Subsection (1) satisfies the requirement described in Subsection 48-3a-108(1).

Enacted by Chapter 201, 2018 General Session