{"data":{"id":"us-nj/n.j.-stat.-14a-18-8","jurisdiction":"us-nj","citation":"N.J. Stat. § 14A:18-8","heading":"Actions of officers.","body":"8. a. Each officer of a benefit corporation shall consider the interests and factors described in subsection a. of section 6 of this act when:\n(1)\tThe officer has discretion to act with respect to a matter; and\n(2)\tIt reasonably appears to the officer that the matter may have a material effect on:\n(a)\tthe creation of general or specific public benefits by the benefit corporation; or\n(b)\tany of the interests or factors referred to in subsection a. of section 6 of this act.\nb.\tThe consideration of interests and factors in the manner described in subsection c. of section 6 of this act.\nc.\tAn officer is not personally liable for monetary damages for failure of the benefit corporation to create general or specific public benefit.\nL.2011, c.30, s.8.","path":["TITLE 14A CORPORATIONS, GENERAL"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"0c42153fc2a9dcf4f011df46e2d000040fb24e8fd532d999fb63ad2e6f7cf937","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-14a-18-7","next":"us-nj/n.j.-stat.-14a-18-9"},"notice":"GroundRules: Original legal text. Not legal advice."}