Neb. Rev. Stat. §§ 21-411

Current with changes through the 2024 First Special Legislative Session

Section 21-411 - Benefit officer; powers and duties

(1) A benefit corporation may have an officer designated the benefit officer.

(2) A benefit officer shall have:

(a) The powers and duties relating to the purpose of the corporation to create general public benefit or specific public benefit provided:

(i) By the bylaws; or

(ii) Absent controlling provisions in the bylaws, by resolutions or orders of the board of directors; and

(b) The duty to prepare the annual benefit report required by section 21-413.

Neb. Rev. Stat. §§ 21-411

Laws 2014, LB 751, § 11.

Added by Laws 2014, LB 751,§ 11, eff. 7/18/2014.