10 Feb '12, 3pm

13 Companies Registered as the first NY Benefit Corps today - a record breaker!

NEW YORK, Feb. 10 /CSRwire/ - New York Secretary of State Cesar A. Perales was on hand to accept filing papers from New York’s first benefit corporations, a new kind of corporation that became available in New York for the first time today. Created when Governor Cuomo signed S.79-A (Squadron)/ A.4692-A (Silver), the benefit corporation passed both houses unanimously. This new law has the ability to transform the State and national economy by creating businesses that must create benefit for society and the environment in addition to profit. Thirteen businesses from across the State rushed to adopt the new corporate form as they build a new economy. One company even left Delaware and incorporated in New York State to take advantage of this innovative corporate form. Currently seven states, including New York, have enacted benefit corporation laws. “The creation of benefit co...

Full article: http://www.csrwire.com/press_releases/33749-New-York-Roll...

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