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Checked fact 140514 Oct 2026Safety and security

Delaware law says a public benefit corporation “shall be managed in a manner that balances the stockholders’ pecuniary interests, the best interests of those materially affected by the corporation’s conduct, and the public benefit or public benefits identified in its certificate of incorporation”.

The exact words it rests on

§ 362. Public benefit corporation defined; contents of certificate of incorporation. (a) A “public benefit corporation” is a for-profit corporation organized under and subject to the requirements of this chapter that is intended to produce a public benefit or public benefits and to operate in a responsible and sustainable manner. To that end, a public benefit corporation shall be managed in a manner that balances the stockholders’ pecuniary interests, the best interests of those materially affected by the corporation’s conduct, and the public benefit or public benefits identified in its certificate of incorporation.

What the source said when we opened it, on 13 Oct 2026.

The source

Delaware Code, Title 8, § 362: Public benefit corporation defined
State of Delaware

Checked

Checked by the notis newsroom on , against the source above.

In the story

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