United States
New Mexico - Corporation Legal Requirement
Your company can meet the legal requirement for B Corp Certification by electing public benefit corporation status, which is the best way to ensure that the values of your company are maintained over time. Public benefit corporation is an opt-in legal status administered by the Secretary of State. Existing companies can elect to public become benefit corporations by amending their governing documents. In some states, this amendment requires a 2/3 supermajority vote of all shareholders. The procedure for filing amendments with the state is identical to that followed for any other corporate structures with the addition of a statement that the company is a benefit corporation.