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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A benefit corporation shall have a purpose of creating a general public benefit. Such purpose shall be in addition to any purpose under chapter 601. 1
(b) The certificate of incorporation of a benefit corporation may identify one or more specific public benefits as a purpose for such benefit corporation to create in addition to any purpose under chapter 601 and subsection (a) of this section. The identification of a specific public benefit under this subsection shall not limit the obligation of a benefit corporation under subsection (a) of this section.
(c) The creation of a general public benefit and any specific public benefit under subsections (a) and (b) of this section is in the best interests of the benefit corporation.
(d) A benefit corporation may amend its certificate of incorporation to add, amend or delete the identification of a specific public benefit that it is the purpose of the benefit corporation to create. Any such amendment shall be adopted by a minimum status vote.
Cite this article: FindLaw.com - Connecticut General Statutes Title 33. Corporations § 33-1357. Purposes - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-33-corporations/ct-gen-st-sect-33-1357/
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