Examples of Benefit director in a sentence

A director does not have a duty to a person that is a beneficiary of the general public benefit purpose or a specific public benefit pur- pose of a benefit corporation arising from the status of the person as a beneficiary.204.302 Benefit director.

More Definitions of Benefit director

Benefit director means the director of the benefit corporation designated as such pursuant to Section 33‑38‑410.

Benefit director means either (A) the director designated as the benefit director of a benefit corporation pursuant to section 10 of this act, or (B) a person with one or more of the powers, duties or rights of a benefit director under section 10 of this act to the extent that such person has been granted all or part of the authority to manage the business and affairs of the corporation by a shareholder agreement that complies with section 33-717 of the general statutes.

Benefit director means a director designated as a benefit director of a benefit corporation as provided in section 21.10 of this title.

Benefit director means the person designated as the benefit director of a

Benefit director means the director designated as the benefit director of a for-profit benefit corporation under § 48-28-302;

Benefit director means the person designated as the benefit director of a benefit corporation as pro- vided in s. 204.302.