yourstate.us
Conn. Gen. Stat. § 33-1360

Standards of conduct for officers

Connecticut · General Statutes of Connecticut Chapter 604 — Benefit Corporations · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Conn. Gen. Stat. § 33-1360, Standards of conduct for officers, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2199749
Permanent ID
ys:prov:2199749@1
SHA-256
621f9ce5e93c1e915197dc88f46550c1a5af689232cae81aaee3541774d12519

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) Each officer of a benefit corporation shall consider the interests and factors described in subsection (a) of section 33-1358 in the manner provided in that subsection if (1) the officer has discretion to act with respect to a matter, and (2) it reasonably appears to the officer that the matter may have a material effect on the creation by the benefit corporation of a general public benefit or any specific public benefit identified in the certificate of incorporation of the benefit corporation. (b) The consideration of interests and factors in the manner described in subsection (a) of this section shall not constitute a violation of section 33-765. (c) An officer shall not be personally liable for (1) an act or omission as an officer in the course of performing the duties of an officer under subsection (a) of this section if the officer performed the duties of the position in compliance with section 33-765 and this section, or (2) the failure of the benefit corporation to pursue or create a general public benefit or any specific public benefit. (d) An officer shall not have a duty to a person that is a beneficiary of the general public benefit purpose or any specific public benefit purpose of a benefit corporation based on the status of such person as a beneficiary.