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They do need to disclose their corporate charter.
by cma 2y ago
They do need to disclose their corporate charter.
- _heimdall 2y agoIs that really important in your opinion? I can't remember the last time I saw a corporate charter that was more than vague corporate speak sounding grandiose and impactful while saying absolutely nothing.
- cma 2y agoIt is more important in a public benefit corp, if there is supposed to be something different about them.
- _heimdall 2y agoLegally there aren't many (any?) meaningful differences with a public benefit corp. Law changes in 2020 made it such that a PBC is more of a marketing thing than anything else in my opinion. We've already seen the number of PBCs increase quite a bit since the law change, there was exactly 1 before 2020 if I'm not mistaken. I fully expect companies to start using it as virtue signaling, making the distinction effectively meaningless.