Idaho Code 30-2010 – Benefit Officer
Current as of: 2023 | Check for updates
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A benefit corporation may have an officer designated the benefit officer. The benefit officer shall have:
(1) The powers and duties relating to the purpose of the corporation to create general public benefit or specific public benefit provided by the bylaws or, absent controlling provisions by the bylaws, by resolutions or orders of the board of directors; and
Terms Used In Idaho Code 30-2010
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) The duty to prepare the benefit report required in section 30-2012, Idaho Code.