HB5939 — Businesses: business corporations; benefit corporations; authorize formation and establish duties of officers and directors. Amends and adds (See bill).

HB5939 — Businesses: business corporations; benefit corporations; authorize formation and establish duties of officers and directors. Amends and adds (See bill). · Informed CitizenryHB5939 updates definitions in sections 105 and 106 by defining "Administrator," "Articles of incorporation," "Authorized shares," "Benefit corporation," "Board," "Bonds," "Director," "Distribution,…Open in Informed Citizenry