(a) "Specific public benefit" means a benefit that serves:
- (1) one (1) or more public welfare, religious, charitable, scientific, literary, or educational purposes; or
- (2) other purposes or benefits beyond the strict interests of the shareholders of the benefit corporation.
(b) The term includes the following:
- (1) Providing low income or underserved individuals or communities with beneficial products or services.
- (2) Promoting economic opportunity for individuals or communities beyond the creation of jobs in the normal course of business.
- (3) Protecting or restoring the environment.
- (4) Improving human health.
- (5) Promoting the arts, sciences, or advancement of knowledge.
- (6) Increasing the flow of capital to entities with a purpose to benefit society or the environment.
- (7) Conferring any other particular benefit on society or the environment.
As added by P.L.93-2015, SEC.3.