14A:18-9 "Benefit officer."
107 words·~1 min read·
/nj/title-14a/chapter-18/14a-18-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
9. A benefit corporation may have an officer designated the "benefit officer" who shall have authority and shall perform duties in the management of the benefit corporation relating to the purpose of the corporation to create general or specific public benefits as may be provided by or pursuant to the by-laws or, in the absence of controlling provisions in the by-laws, as may be determined by or pursuant to resolutions or orders of the board of directors. If a benefit corporation has a benefit officer, the duties of the benefit officer shall include preparing the benefit report required by section 11 of this act.
L.2011, c.30, s.9.