Nevada Revised Statutes 78B.040 – ‘General public benefit’ defined
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‘General public benefit’ means a material positive impact on society and the environment, taken as a whole, as assessed against a third-party standard, from the business and operations of a benefit corporation.
Terms Used In Nevada Revised Statutes 78B.040
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.