Monthly News For January, 2021

Part II: The Benefit Corporation and Public Charities; Threat or Opportunity

In a prior advisory (Your Ohio For-Profit Corporation Can Now Do Good; The Benefit Corporation), we discussed Ohio’s recent enactment of its revised Corporation Law, which now permits the formation and operation of a “Benefit Corporation.” Use of the Benefit Corporation permits not only the pursuit of pecuniary gain, but also socially beneficial purposes, many of […]