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Section 4-36-304 - Benefit officer — Arkansas Law | CourtGPT
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  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
  5. Subtitle 3 - Corporations and Associations/
  6. Chapter 36 - Arkansas Benefit Corporation Act Sub/
  7. Subchapter 3 - Accountability/
  8. Section 4-36-304 - Benefit officer
Arkansas Legal Code

Section 4-36-304 - Benefit officer

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(a) A benefit corporation may have an officer designated as the benefit officer.(b) A benefit officer shall have: (1) The powers and duties relating to the purpose of the corporation to pursue a general public benefit or a specific public benefit provided:(A) By the bylaws; or(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 by § 4-36-401.Added by Act 2013, No. 1388,§ 1, eff. 8/16/2013.