Benefit officer

Ark. Code Ann. § 4-36-304, under Arkansas Benefit Corporation Act.

Ark. Code Ann. § 4-36-304

(a) A benefit corporation may have an officer designated as the benefit officer.

(b) A benefit officer shall have:(1) The powers and duties relating to the purpose of the corporation to pursue a general public benefit or a specific public benefit provided:(A) By the bylaws; or(B) Absent controlling provisions in the bylaws, by resolutions or orders of the board of directors; and(2) The duty to prepare the benefit report required by § 4-36-401.

(1) The powers and duties relating to the purpose of the corporation to pursue a general public benefit or a specific public benefit provided:(A) By the bylaws; or(B) Absent controlling provisions in the bylaws, by resolutions or orders of the board of directors; and

(A) By the bylaws; or

(B) Absent controlling provisions in the bylaws, by resolutions or orders of the board of directors; and

(2) The duty to prepare the benefit report required by § 4-36-401.