2017 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 1.3. BENEFIT CORPORATIONS
CHAPTER 8. Benefit Officer
23-1.3-8-2. Powers and duties

Universal Citation: IN Code § 23-1.3-8-2 (2017)
IC 23-1.3-8-2 Powers and duties

     Sec. 2. A benefit officer shall have:

(1) the powers and duties relating to the purpose of the benefit corporation to create general public benefit or a specific public benefit provided:

(A) by the bylaws; or

(B) absent controlling provisions in the bylaws, by resolutions or orders of the board of directors; and

(2) the duty to prepare the benefit report required under IC 23-1.3-10.

As added by P.L.93-2015, SEC.3.

 

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