Sec. 33-1352. Construction of statutes.
282 words·~1 min read·
/ct/title-33/chapter-604-benefit-corporations/33-1352·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The provisions of this section and sections 33-1353 to 33-1364 , inclusive, shall be applicable to all benefit corporations.
(b)The provisions of this section and sections 33-1353 to 33-1364 , inclusive, shall not create an implication that a contrary or different rule of law is applicable to a business corporation that is not a benefit corporation. The provisions of this section and sections 33-1353 to 33-1364 , inclusive, shall not affect a statute or rule of law that is applicable to a business corporation that is not a benefit corporation.
(c)Except as otherwise provided in this section and sections 33-1353 to 33-1364 , inclusive, the provisions of chapter 601 shall be generally applicable to all benefit corporations. The specific provisions of this section and sections 33-1353 to 33-1364 , inclusive, shall control over the general provisions of chapter 601.
(d)A provision of the certificate of incorporation or bylaws of a benefit corporation may not limit, be inconsistent with, or supersede a provision of this section or sections 33-1353 to 33-1364 , inclusive.
(e)Nothing in this section or sections 33-1353 to 33-1364 , inclusive, shall
(1)be construed as creating or granting to any person any contractual right to, or proprietary interest in, the income or assets of a benefit corporation by virtue of the fact that he or she may directly or indirectly benefit from the general public benefit or any specific public benefit of a benefit corporation,
(2)be construed as imposing or creating a charitable use, interest or restriction on any property or assets of a benefit corporation, or
(3)deprive the Attorney General of jurisdiction over a benefit corporation under any other applicable law.