Delaware Public Benefit Corporation

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf corporate legal structure
gptkbp:abbreviation gptkb:PBC
gptkbp:allows directors to balance public benefit and profit
gptkbp:canBe publicly traded
gptkbp:createdBy Delaware General Corporation Law
gptkbp:dateEnacted 2013
gptkbp:heldBy fiduciary duty to shareholders
fiduciary duty to public benefit
https://www.w3.org/2000/01/rdf-schema#label Delaware Public Benefit Corporation
gptkbp:jurisdiction gptkb:Delaware
gptkbp:purpose profit
public benefit
gptkbp:regulates Delaware Secretary of State
gptkbp:relatedTo gptkb:B_Corporation_certification
benefit corporation
gptkbp:requires biennial report
majority shareholder approval to convert
statement of public benefit
gptkbp:type for-profit corporation
hybrid corporation
gptkbp:bfsParent gptkb:Open_Collective
gptkbp:bfsLayer 7