04. Benefit officer. (a) A benefit corporation may designate a benefit officer. (b) A 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: (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 § 29-1304.01. (May 1, 2013, D.C. Law 19-305, § 2(b), 60 DCR 2735.) Section References This section is referenced in § 29-1301.02.
District of Columbia Legal Code