For a state specific how-to guide please refer to the relevant state below. This is a great document to answer some of the most common inquiries on incorporation and highlights the key questions a business should consider before becoming a benefit corporation. The following is a general guide to becoming a benefit corporation prepared by Drinker Biddle & Reath, LLP. These tools are provided simply to educate companies who are interested in becoming a benefit corporation. All legal matters should be consulted with a legal representative before any actions are taken. The sections below should be used as resources for companies interested in becoming a benefit corporation. The procedure for filing amendments with the state is identical to that followed for any other corporate structures with the addition of a statement that the company is a benefit corporation. Amendment requires a 2/3 supermajority vote of all shareholders in most states. Existing companies can elect to become benefit corporations by amending their governing documents. New companies can incorporate as benefit corporations in any state where legislation has been passed.
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