- (a) A benefit corporation may have an officer designated as the benefit officer.
(b) A benefit officer shall have:
(1) powers and duties relating to the purpose of the benefit corporation to create general public benefit or specific public benefit provided:
- (A) by the bylaws of the benefit corporation; 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 Section 5.01 of this Act.
(Source: P.A. 97-885, eff. 1-1-13.)