• Pennsylvania Authorizes the Creation of Benefit Corporations
  • November 13, 2012 | Authors: Elizabeth K. Babson; William H. Clark
  • Law Firm: Drinker Biddle & Reath LLP - Philadelphia Office
  • On October 24, 2012, Pennsylvania Governor Tom Corbett signed into law the Pennsylvania Benefit Corporation Act (the “Act”), making Pennsylvania one of 12 states that have authorized the creation of a new type of corporation known as a “benefit corporation.”