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DELAWARE BENEFIT CORPORATION – EFFECTIVE TODAY

Entities can incorporate or convert to a benefit corporation in Delaware, effective today. Some of us on this blog are trying to find out from the Delaware Secretary of State about the first incorporators today and hope keep you posted in the coming days. The CEO and co-founder of Plum Organics was at the signing ceremony for the legislation and committed to becoming one of the first Delaware benefit corporations (see video). If you don’t know what “Plum Organics” is, it’s safe to say that you don’t have young children (it is a ubiquitous toddler/infant staple). Stay tuned.

 

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