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Utah Code § 16-10b-304

Benefit officer

Enacted by Chapter 394, 2014 General Session

(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.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.