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Frequent questions regarding benefit corporations:

May I change from a traditional corporation to a benefit corporation?

If you are incorporated in a state that authorizes Benefit Corporations, then yes. If your incorporation state doesn't yet allow benefit corporations, you can either change your corporation's home state or form a new corporation in a state that does.

What is a benefit corporation?

Benefit Corporations, also known as a “B Corps”, are a new class of corporation created to serve a beneficial public purpose while pursuing a profitable bottom line. Unlike traditional corporations, which are operated solely to profit their shareholders, Benefit Corporations must balance shareholder interests with a clearly stated social mission.

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