TBA Law Blog


Posted by: Christy Gibson on Oct 27, 2015

This program will discuss Tennessee's new For-Profit Benefit Corporation Act that goes into effect January 1, 2016. You can take part in person or through webcast.

A panel of TBA members who drafted the legislation will talk about the Act and offer advice about the use of the Act in organizing Tennessee social enterprise businesses. The discussion will:

• Address how the Act came to be enacted (including, in the process, common questions about the Act and benefit corporation legislation generally)
• Clarify director duties and other governance matters under the Act
• Make observations about the possible advantages in organizing a social enterprise business as a Tennessee for-profit benefit corporation
• Offer advice about drafting organizational documents under the Act

Hot Topics in Business Law: Tennessee’s New For-Profit Benefit Corporation Act

Hot Topics in Business Law: Tennessee’s New For-Profit Benefit Corporation Act [Webcast Version]