United States

Mississippi - Corporation Legal Requirement

Your state does not currently have a corporate statute that explicitly allows directors to consider the interests of stakeholders (either benefit corporation or a constituency statute). That means that for now, the best we can do together is to build the language of the B Corp legal framework into your B Corp Agreement for Certification. The B Corp Agreement commits your company to consider stakeholders to the extent possible within the current corporate laws of your state. If certified, we ask companies to work with B Lab to help determine the appropriate legal pathway, advocate for the passage of benefit corporation legislation, if applicable, and adopt the legal pathway when available according to the timelines set forth in your certification Agreement, unless otherwise specified by B Lab.

B Labs Logo - Home Link

Sign up to our Insights newsletter, a monthly digest of the latest news on economic systems change from B Lab Global.

We take the security of your data seriously, read our privacy policy for further information. For newsletter communications relating to your local region, please visit Global Partner sites to subscribe.

Copyright © 2024 B Lab. All rights reserved.