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Ind. Code § 23-1.3-10-1 Content
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Sec. 1. A benefit corporation shall prepare an annual benefit report that includes all the following: (1) A narrative description of: (A) the ways in which the benefit corporation pursued general public benefit during the year and the extent to which general public benefit was cr…
Ind. Code § 23-1.3-10-2 Written correspondence by benefit director
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Sec. 2. If, during the year covered by a benefit report: (1) a benefit director: (A) resigned from or refused to stand for reelection to the position of benefit director; or (B) was removed from the position of benefit director; and (2) the benefit director furnished the benefit …
Ind. Code § 23-1.3-10-3 Audit or certification not required
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Sec. 3. The following are not required to be audited or certified by a third party: (1) The benefit report. (2) The assessment of the performance of the benefit corporation in the benefit report described in section 1(2) of this chapter. As added by P.L.93-2015, SEC.3.…
Ind. Code § 23-1.3-10-4 Send to shareholders
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Sec. 4. A benefit corporation shall send its annual benefit report to each shareholder on the earlier of: (1) one hundred twenty (120) days following the end of the fiscal year of the benefit corporation; or (2) the same date that the benefit corporation delivers any other annual…