SECTION 607.606. Corporate purpose.

Latest version.

1(1) 2A benefit corporation has the purpose of creating general public benefit. This purpose is in addition to its purpose under s. 23607.030124.
25(2) 26The articles of incorporation of a benefit corporation may identify one or more specific public benefits as its purpose in addition to its purposes under subsection (1) and s. 55607.030156. A benefit corporation may amend its articles of incorporation to add, amend, or delete the identification of a specific public benefit purpose; however, the amendment must be adopted by the minimum status vote. The identification of a specific public benefit under this subsection does not limit the obligation of a benefit corporation under subsection (1).
112(3) 113The creation of general public benefit and a specific public benefit under subsections (1) and (2) is deemed to be in the best interest of the benefit corporation.
141(4) 142A professional corporation that is a benefit corporation does not violate s. 154621.08 155by having as its purpose the creation of general public benefit or a specific public benefit.

History.-s. 26, ch. 2014-209.

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