Benefit officer.

  1. Law
  2. Utah Code
  3. Corporations
  4. Benefit Corporation Act
  5. Accountability
  6. Benefit officer.

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  • (1) A benefit corporation may have an officer designated as the benefit officer.
  • (2) A benefit officer has:
    • (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 benefit report required by Section 16-10b-401.




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