Sec. 1. A benefit corporation shall prepare an annual benefit report that includes all the following: (1) A narrative description of: (A) the ways in which the benefit corporation pursued general public benefit during the year and the extent to which general public benefit was created; (B) both the: (i) ways in which the benefit […]
Sec. 1. A benefit corporation shall prepare an annual benefit report that includes all the following: (1) A narrative description of: (A) the ways in which the benefit corporation pursued general public benefit during the year and the extent to which general public benefit was created; (B) both the: (i) ways in which the benefit […]
Sec. 2. If, during the year covered by a benefit report: (1) a benefit director: (A) resigned from or refused to stand for reelection to the position of benefit director; or (B) was removed from the position of benefit director; and (2) the benefit director furnished the benefit corporation with any written correspondence concerning the […]
Sec. 2. If, during the year covered by a benefit report: (1) a benefit director: (A) resigned from or refused to stand for reelection to the position of benefit director; or (B) was removed from the position of benefit director; and (2) the benefit director furnished the benefit corporation with any written correspondence concerning the […]
Sec. 3. The following are not required to be audited or certified by a third party: (1) The benefit report. (2) The assessment of the performance of the benefit corporation in the benefit report described in section 1(2) of this chapter. As added by P.L.93-2015, SEC.3.
Sec. 3. The following are not required to be audited or certified by a third party: (1) The benefit report. (2) The assessment of the performance of the benefit corporation in the benefit report described in section 1(2) of this chapter. As added by P.L.93-2015, SEC.3.
Sec. 4. A benefit corporation shall send its annual benefit report to each shareholder on the earlier of: (1) one hundred twenty (120) days following the end of the fiscal year of the benefit corporation; or (2) the same date that the benefit corporation delivers any other annual report to its shareholders. As added by […]
Sec. 4. A benefit corporation shall send its annual benefit report to each shareholder on the earlier of: (1) one hundred twenty (120) days following the end of the fiscal year of the benefit corporation; or (2) the same date that the benefit corporation delivers any other annual report to its shareholders. As added by […]
Sec. 5. If a benefit corporation has an Internet web site, a benefit corporation shall post all of its benefit reports on the public part of its Internet web site. However, the compensation paid to directors and financial or proprietary information included in the benefit reports may be omitted from the benefit reports posted on […]
Sec. 5. If a benefit corporation has an Internet web site, a benefit corporation shall post all of its benefit reports on the public part of its Internet web site. However, the compensation paid to directors and financial or proprietary information included in the benefit reports may be omitted from the benefit reports posted on […]
Sec. 6. (a) The benefit corporation shall deliver, concurrently with the delivery of the benefit report to shareholders under section 4 of this chapter, a copy of the benefit report to the secretary of state for filing. However, the compensation paid to directors and financial or proprietary information included in the benefit report may be […]
Sec. 6. (a) The benefit corporation shall deliver, concurrently with the delivery of the benefit report to shareholders under section 4 of this chapter, a copy of the benefit report to the secretary of state for filing. However, the compensation paid to directors and financial or proprietary information included in the benefit report may be […]
