The Office of the Secretary of State posted a news release listing the names of the first 20 public benefit corporations formed under a new law effective January 2. Public benefit corporations are required to file a public annual report
Senate Bill 47 signed by the governor and effective August 1 authorizes creation of public benefit corporations by formation, conversion or merger. A public benefit corporation must identify in its certificate of incorporation the specific public benefit the corporation will
House Bill 2296 (Chapter No. 269) signed by the governor June 4 and effective January 1 authorizes formation of benefit corporations. The bill text can be accessed at http://www.leg.state.or.us/13reg/measpdf/hb2200.dir/hb2296.en.pdf.