Title 33 — Title 33: Corporations
22 chapters · 690 sections in this title.
Conn. Gen. Stat. § 33-1350 Short title: Connecticut Benefit Corporation Act.
0.2K chars
Sec. 33-1350. Short title: Connecticut Benefit Corporation Act. Sections 33-1350 to 33-1364, inclusive, shall be known and may be cited as the “Connecticut Benefit Corporation Act”. (P.A. 14-217, S. 140.)
Conn. Gen. Stat. § 33-1351 Definitions.
6.9K chars
Sec. 33-1351. Definitions. As used in this section and sections 33-1352 to 33-1364, inclusive: (1) “Benefit corporation” means a business corporation (A) that has elected to become subject to the provisions of sections 33-1352 to 33-1364, inclusive, and (B) whose status as a bene…
Conn. Gen. Stat. § 33-1352 Construction of statutes.
1.8K chars
Sec. 33-1352. Construction of statutes. (a) The provisions of this section and sections 33-1353 to 33-1364, inclusive, shall be applicable to all benefit corporations. (b) The provisions of this section and sections 33-1353 to 33-1364, inclusive, shall not create an implication t…
Conn. Gen. Stat. § 33-1353 Incorporation of benefit corporation.
0.3K chars
Sec. 33-1353. Incorporation of benefit corporation. A benefit corporation shall be incorporated in accordance with the provisions of chapter 601 by filing a certificate of incorporation with the office of the Secretary of the State that states that the corporation is a benefit co…
Conn. Gen. Stat. § 33-1354 Election of benefit corporation status.
1.3K chars
Sec. 33-1354. Election of benefit corporation status. (a) A business corporation that is not a benefit corporation may elect to become a benefit corporation by amending its certificate of incorporation to contain, in addition to matters required by section 33-636, a statement tha…
Conn. Gen. Stat. § 33-1355 Legacy preservation provision.
1.0K chars
Sec. 33-1355. Legacy preservation provision. (a) A benefit corporation may, not earlier than twenty-four months after the date that it became a benefit corporation, adopt a legacy preservation provision by amending its certificate of incorporation to contain a statement that the …
Conn. Gen. Stat. § 33-1356 Termination of benefit corporation status.
2.5K chars
Sec. 33-1356. Termination of benefit corporation status. (a) Except for a benefit corporation that adopts a legacy preservation provision, a benefit corporation may terminate its status as such and cease to be subject to the provisions of sections 33-1352 to 33-1364, inclusive, b…
Conn. Gen. Stat. § 33-1357 Purposes.
1.1K chars
Sec. 33-1357. Purposes. (a) A benefit corporation shall have a purpose of creating a general public benefit. Such purpose shall be in addition to any purpose under chapter 601. (b) The certificate of incorporation of a benefit corporation may identify one or more specific public …
Conn. Gen. Stat. § 33-1358 Standards of conduct for directors.
3.3K chars
Sec. 33-1358. Standards of conduct for directors. (a) In discharging the duties of their respective positions and considering the best interests of the benefit corporation, the board of directors, any committee of the board and the individual directors of the benefit corporation:…
Conn. Gen. Stat. § 33-1359 Benefit director.
2.5K chars
Sec. 33-1359. Benefit director. (a) The board of directors of a benefit corporation that is a publicly traded corporation shall, and the board of any other benefit corporation may, include a director who shall (1) be designated the benefit director, and (2) have, in addition to t…
Conn. Gen. Stat. § 33-1360 Standards of conduct for officers.
1.4K chars
Sec. 33-1360. Standards of conduct for officers. (a) Each officer of a benefit corporation shall consider the interests and factors described in subsection (a) of section 33-1358 in the manner provided in that subsection if (1) the officer has discretion to act with respect to a …
Conn. Gen. Stat. § 33-1361 Benefit officer.
0.5K chars
Sec. 33-1361. Benefit officer. A benefit corporation may designate a benefit officer. A benefit officer shall have (1) the powers and duties relating to the purpose of the corporation to create a general public benefit or any specific public benefit provided (A) by the bylaws, or…
Conn. Gen. Stat. § 33-1362 Right of action. Benefit enforcement proceeding.
1.7K chars
Sec. 33-1362. Right of action. Benefit enforcement proceeding. (a) Except in a benefit enforcement proceeding, no person may bring an action or assert a claim against a benefit corporation or its directors or officers with respect to (1) the failure to pursue or create a general …
Conn. Gen. Stat. § 33-1363 Third-party standard. Preparation of annual benefit report.
3.6K chars
Sec. 33-1363. Third-party standard. Preparation of annual benefit report. (a) A benefit corporation shall select a third-party standard by which to assess such corporation's pursuit of a general public benefit and any specific public benefit. Selecting or changing a third-party s…
Conn. Gen. Stat. § 33-1364 Availability of annual benefit report.
1.1K chars
Sec. 33-1364. Availability of annual benefit report. (a) A benefit corporation shall send its annual benefit report to each shareholder (1) not later than one hundred twenty days following the end of the fiscal year of the benefit corporation, or (2) at the same time that the ben…
Conn. Gen. Stat. §§ 33-1365 to 33-1999 33-1365 to 33-1999
0.1K chars
Secs. 33-1365 to 33-1999. Reserved for future use. Note: Chapters 605 to 607 are also reserved for future use.