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2019 Indiana Code
Title 23. Business and Other Associations
Article 1.3. Benefit Corporations
Chapter 4. Purpose of a Benefit Corporation
23-1.3-4-2. Specific public benefit purpose
Universal Citation: IN Code § 23-1.3-4-2 (2019)
IC 23-1.3-4-2 Specific public benefit purpose
Sec. 2. (a) A benefit corporation may identify in its articles of incorporation one (1) or more specific public benefits that it is the purpose of the benefit corporation to create in addition to the benefit corporation's purposes under IC 23-1-21-2 and section 1 of this chapter.
(b) The identification of a specific public benefit under subsection (a) does not limit the purpose of a benefit corporation to create general public benefit under section 1 of this chapter.
As added by P.L.93-2015, SEC.3.
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