Wisconsin

Requirements:

  1. A benefit corporation shall annually provide its shareholders, within 30 days of the end of the benefit corporation's fiscal year, with a statement as to the benefit corporation's promotion of general public benefit or any specific public benefit identified in its articles. The statement shall include all of the following:
  1. The objectives the board of directors has established to promote general public benefit or any specific public benefit.
  2. The standards the board of directors has adopted to measure the corporation's progress in promoting general public benefit or any specific public benefit.
  3. Objective, factual information based on the standards set by the secretary fo state regarding the benefit corporation's success in meeting the objectives and in promoting public benefits and interests.
  4. An assessment of the corporation's success in meeting the objectives set by the secretary of state and in promoting general public benefit or any specific public benefit.

Notes: The articles or bylaws of a benefit corporation may further require that the benefit corporation make the statement described available to the public, or that the benefit corporation use a third-party standard in connection with or attain a periodic third-party certification addressing the corporation’s promotion of general public benefit or any specific public benefit identified in its articles. 


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