Benefiting Communities with Corporations

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Benefiting Communities with Corporations

Social Benefits Corporation Solar Panels

Illinois law allows corporations to server shareholders and society.

(a) A benefit corporation shall have a purpose of creating general public benefit. This purpose is in addition to its purposes under Section 3.05 of the Business Corporation Act of 1983 and any specific purpose set forth in its articles of incorporation in accordance with subsection (b)…”

805 ILCS 40/3.01

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