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UPDATED U.S. MAP OF SOCIAL ENTERPRISE STATUTES

As of today, February 17, 2015, I count 36 states with some form of social enterprise legislation on the books. Four states came online with benefit corporation statutes as of January 1, 2015, and California changed the name of its “flexible purpose corporation” variant to “social purpose corporation” like Florida, Texas (quasi-social purpose statute), and Washington. Otherwise, I do not believe that much has changed with respect to U.S. social enterprise legislation since my last posting of the map below in August of 2014. Please let me know, however, if you have corrections and/or clarifications to this summary or this map.

Comments (2)

  1. Kim Lowe

    February 26, 2015 at 4:08 pm

    Thank you for this information. Unfortunately, the author has Minnesota incorrectly identified on the map. The Minnesota Public Benefit Corporation Act allows for both a General Benefit Corporation and the Specific Benefit Corporation so the state should be shaded purple. I wonder how many other states are not correctly identified. Kim Lowe, Chair of the Minnesota Public Benefit Corporation Act Drafting Committee

  2. Cass Brewer

    February 26, 2015 at 4:36 pm

    Thank you for the correction, Mr. Lowe. I will make the correction and color Minnesota purple the next chance I get. Meanwhile, one out of fifty is not bad, right? I hope any observers will let me know if i incorrectly identified other states as well.

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