{"data":{"id":"us-ut/utah-code-16-10b-201","jurisdiction":"us-ut","citation":"Utah Code § 16-10b-201","heading":"Corporate purposes.","body":"(1) A benefit corporation shall have a purpose of creating general public benefit. This purpose is in addition to its purpose under Section 16-10a-301.\n(2) The articles of incorporation of a benefit corporation may identify one or more specific public benefits that it is the purpose of the benefit corporation to create in addition to its purposes under Section 16-10a-301 and Subsection (1). The identification of a specific public benefit under this Subsection (2) does not limit the purpose of a benefit corporation to create general public benefit under Subsection (1).\n(3) The creation of general public benefit and a specific public benefit under Subsections (1) and (2) is considered in the best interests of the benefit corporation.\n(4) A benefit corporation may amend its articles of incorporation to add, amend, or delete the identification of a specific public benefit that it is the purpose of the benefit corporation to create. To be effective, the amendment must be adopted by at least the minimum status vote.\n(5) A professional corporation that is a benefit corporation does not violate Section 16-11-6 by having the purpose to create general public benefit or a specific public benefit.","path":["Title 16 Corporations","Chapter 16-10b Benefit Corporation Act","Part 16-10b-2 Corporate Purposes"],"source_url":"https://le.utah.gov/xcode/Title16/Chapter10b/16-10b-S201.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"046aa1ec3a70cce9f358fce54101a0d5396e70c7e95d1e709a63ce4cf5f2026d","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-16-10b-106","next":"us-ut/utah-code-16-10b-301"},"notice":"GroundRules: Original legal text. Not legal advice."}