{"data":{"id":"us-va/va.-code-13.1-787","jurisdiction":"us-va","citation":"Va. Code § 13.1-787","heading":"Corporate purposes","body":"A. A benefit corporation shall have as one of its purposes the purpose of creating a general public benefit. 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. A specific public benefit may also be specified in the bylaws or otherwise adopted by the board of directors. This purpose is in addition to its purpose under § 13.1-626.B. The creation of a general public benefit and one or more specific public benefits, if any, under subsection A is in the best interests of the benefit corporation.C. 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, which amendment shall be adopted in accordance with the procedures set forth in § 13.1-707.2011, c. 698.","path":["Title 13.1. CORPORATIONS","Chapter 9. VIRGINIA STOCK CORPORATION ACT","Article 22. BENEFIT CORPORATIONS"],"source_url":"https://law.lis.virginia.gov/vacode/13.1-787/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:14:14Z","sha256":"3e13c08fb3174249446a367a68f70008bde79bd86fa96e6e27b3a9e2edff8034","source_id":"us-va","stale":true,"prev":"us-va/va.-code-13.1-786","next":"us-va/va.-code-13.1-788"},"notice":"GroundRules: Original legal text. Not legal advice."}
