Arkansas :: Benefit Corporations

Arkansas Benefit CorporationsThere’s no denying that benefit corporations are on the rise. To-date, legislation has been introduced and/or passed in more than 25 states (go here for a complete list). One of the latest states to authorize the formation of this relatively new type of business entity is Arkansas, where the governor recently signed into law House Bill 1510 (HB 1510). The bill, which permits the creation of this socially responsible, for-profit corporate structure, will become effective on July 27, 2013.

To read more about HB 1510, visit the Arkansas State Legislature page dedicated to the Arkansas Benefit Corporation Act.

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