The Nonprofit & Unincorporated Organizations Committee (the “Committee”) of the Business Law Section of the State Bar of California stated in a recent letter that it supports the Corporate Flexibility Act of 2011 (SB 201) as long as it is amended to include reference to religious purposes among the special purposes permitted for flexible purpose corporations. The [...]

The following is excerpted from Michael’s letter of support for the Maryland B Corp legislation (HB-1009): First, it rewards companies that affirmatively serve the public interest in the state. The proposed legislation effectively creates and strengthens a brand for good corporate behavior.  The B-Corporation label recognizes companies that are committed to undertaking their business with [...]