Indiana Code 23-1.3-8-2. Powers and duties
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Sec. 2. A benefit officer shall have:
(A) by the bylaws; or
(1) the powers and duties relating to the purpose of the benefit corporation to create general public benefit or a specific public benefit provided:
Terms Used In Indiana Code 23-1.3-8-2
- 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.
(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.