805 ILCS 40/4.15

in effect

(805 ILCS 40/4.15) Sec. 4.15. Benefit officer. (a) A benefit corporation may have an officer designated as the benefit officer. (b) A benefit officer shall have: (1) powers and duties relating to the purpose of the benefit corporation to create general public benefit or specific public benefit provided: (A) by the bylaws of the benefit corporation; or (B) absent controlling provisions in the bylaws, by resolutions or orders of the board of directors; and (2) the duty to prepare the benefit report required by Section 5.01 of this Act. (Source: P.A. 97-885, eff. 1-1-13.)

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026