Benefit/Flexible/Social Purpose Corporations: Comparison of Principal Features
4 Pages Posted: 20 Jul 2013 Last revised: 20 Aug 2013
Date Written: August 2013
This chart provides a high-level comparison of the principal features (e.g., purpose, transparency, reporting, voting thresholds, etc.) across three variations of legislation relating to the new corporate forms for conducting social enterprise: legislation proposed by B Lab; legislation enacted by Delaware and Colorado; and legislation enacted in California (flexible purpose) and Washington (social purpose).
Keywords: benefit, flexible, social corporations, social enterprise
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