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Florida Statutes Title XXXVI. Business Organizations § 607.510. Benefit officer

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) A social purpose corporation may designate an officer as the benefit officer.

(2) The benefit officer has the powers and duties set forth in the bylaws or determined by the board of directors, which may include, but are not limited to:

(a) Powers and duties relating to the public benefit or a specific public benefit purpose of the corporation; and

(b) The duty to prepare the annual benefit report required under s. 607.512.

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Cite this article: FindLaw.com - Florida Statutes Title XXXVI. Business Organizations § 607.510. Benefit officer - last updated January 01, 2025 | https://codes.findlaw.com/fl/title-xxxvi-business-organizations/fl-st-sect-607-510/

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