United States
Rhode Island - Corporation Legal Requirement
Your company can meet the legal requirement for B Corp Certification by electing benefit corporation status, which is the best way to ensure that the values of your company are maintained over time. Benefit corporation status is an opt-in legal status administered by the Secretary of State. Existing companies can elect to become 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 company.