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public benefit corporation |
Also found in: Acronyms, Wikipedia | 0.06 sec. |
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public benefit corporation n. a term used in some states for a non-profit community service corporation. Typical examples are service clubs like Kiwanis, Rotary, Soroptimists and Lions. (See: corporation) |
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? References in periodicals archive |
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UNDC is a state of New York public benefit corporation created in 1968 to assist the United Nations community with its office space and other real estate needs. In September 1998, a Missouri trial court declared that the plan was a public benefit corporation under Missouri's not-for-profit laws. The California ISO is a not-for-profit public benefit corporation charged with managing the flow of electricity along California's open-market wholesale power grid. |
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public benefit corporation