B Legal Briefing provides updates and information on the legal needs of for-profit companies with a strong social mission, whether they are existing or aspiring legislatively-recognized benefit corporations, "Certified B Corporations®" privately certified by B Lab®, or other socially-minded companies.
April 20, 2015
On April 6, 2015, Representative Chuck McGrady (Rep., District 117) of the NC House of Representatives re-introduced House Bill 534, the "North Carolina Benefit Corporation Act."
February 11, 2015
Until North Carolina passes a Benefit Corporation Act, which was re-introduced in 2015, there is still a way for companies to be more committed to promoting the triple bottom line: becoming a Certified B Corporation through B Lab®.
September 25, 214
The North Carolina Benefit Corporation Act was originally introduced in 2011 through SB 26.
July 30, 2014
Florida legislators recently approved a bill permitting businesses to operate as benefit corporations.
May 28, 2014
Joining twenty-three other states and the District of Columbia, legislators in New Hampshire and Connecticut recently approved bills that permit businesses to operate as benefit corporations.
April 28, 2014
The new benefit corporation form, which has been statutorily recognized in at least 27 states and the District of Columbia, has three core elements that set it apart from traditional for-profit corporations: purpose, accountability, and transparency.
March 3, 2014
Every company's employee handbook should contain certain foundational content, such as a discrimination policy, a code of conduct, and an employment-at-will provision. The same is true for benefit corporations.
February 4, 2014
Benefit corporations recognized by new state laws offer some exciting new opportunities for existing businesses and new businesses, which traditional business structures do not offer.
January 23, 2014
The benefit corporation movement – which includes "B Corps" that are legislatively recognized by their states' laws and companies that are privately certified by groups like B Lab® – is new, exciting, and dynamic.