{"data":{"id":"us-ga/o.c.g.a.-14-2-1807","jurisdiction":"us-ga","citation":"O.C.G.A. § 14-2-1807","heading":"Notice; performance reporting; optional additional requirements.","body":"(a) A benefit corporation shall include in every notice of a meeting of shareholders a conspicuous statement to the effect that it is a benefit corporation.\n(b) A benefit corporation shall, no less than annually, provide to its shareholders of record, and to any other person who may request a copy in writing, a written report addressing the benefit corporation’s performance with respect to its pursuit of the public benefit or benefits specified in its articles of incorporation. The report shall include:\n(1) The objectives the board of directors established in connection with the pursuit of such public benefit or benefits;\n(2) The standard or standards the board of directors adopted to measure the benefit corporation’s progress in pursuing such public benefit or benefits;\n(3) Factual information responsive to those standards regarding the benefit corporation’s success or failure in meeting the objectives for pursuing such public benefit or benefits; and\n(4) An assessment of the benefit corporation’s success or failure in meeting the objectives and accomplishing such public benefit or benefits.\n(c) In addition to complying with subsection (b) of this Code section, a benefit corporation may include in its articles of incorporation or bylaws provisions imposing upon the benefit corporation any or all of the following additional requirements:\n(1) That the benefit corporation provide its report more frequently than annually;\n(2) That the benefit corporation make the report generally available to the public via the internet or other readily accessible means;\n(3) That the benefit corporation use a third-party standard in connection with measuring the benefit corporation’s progress in accomplishing its stated public benefit or benefits;\n(4) That the benefit corporation provide with its report a periodic third-party certification with respect to the benefit corporation’s progress in accomplishing its stated public benefit or benefits; or\n(5) That the report comply with any additional requirements as the board of directors may determine.","path":["TITLE 14 Corporations, Partnerships, and Associations","CHAPTER 2 Business Corporations","Article 18 Benefit Corporations"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.14.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"c8b19d3cb511b1cf2992b8371c8598721b68fa3382ab5f7402886de4fb74a554","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-14-2-1806","next":"us-ga/o.c.g.a.-14-3-101"},"notice":"GroundRules: Original legal text. Not legal advice."}