Section 33-38-200. Incorporation as a benefit corporation.

SC Code § 33-38-200 (2019) (N/A)
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A domestic corporation, including a domestic corporation incorporated upon a conversion, may be incorporated as a benefit corporation by including in its original articles of incorporation a provision stating that the corporation is a benefit corporation governed by this chapter. The articles of incorporation also must include an identification of a specific public benefit purpose as required by Section 33-38-300.

HISTORY: 2012 Act No. 277, Section 1, eff June 14, 2012.