Public-benefit Non-profit Corporation

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A public-benefit nonprofit corporation California Code - Part 2: NONPROFIT PUBLIC BENEFIT CORPORATIONS [5110. - 6910.
/ref> is a type of Nonprofit organization">nonprofit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

corporation chartered by a state governments of the United States, state government, and organized primarily or exclusively for Institution, social, educational institution, educational, Recreation, recreational or Charitable organization, charitable purposes by like-minded citizens. Public-benefit nonprofit corporations are distinct in the law from

mutual-benefit nonprofit corporation A mutual-benefit nonprofit corporation or membership corporation is a type of nonprofit corporation in the US, similar to other mutual benefit organizations found in some of common law nations, chartered by government with a mandate to serve the mut ...

s in that they are organized for the general

public benefit In philosophy, economics, and political science, the common good (also commonwealth, general welfare, or public benefit) is either what is shared and beneficial for all or most members of a given community, or alternatively, what is achieved by c ...

, rather than for the interest of its members. They are also distinct in the law from religious corporations.

References

External links

California Code - Part 2: NONPROFIT PUBLIC BENEFIT CORPORATIONS [5110. - 6910.

Organization of California Nonprofit, Nonstock Corporations
* Public benefit corporations">Non-profit corporations">* Public benefit corporations {{org-stub

See also

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