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public benefit corporation
(redirected from Public-benefit corporation)

    Also found in: Wikipedia 0.06 sec.

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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The purpose of the statute, enacted in 1997, is to protect the public interest when the assets of a public-benefit corporation such as McKenzie-Willamette are transferred to a for-profit entity.
Uncharted territory by The Register-Guard (Eugene, OR)
Located in San Jose, California - the Capital of Silicon Valley - its mission, as a public-benefit corporation, is to inspire the innovator in everyone.
Tickets Now On Sale for The Tech Museum of Innovation Showing of BODY ... by Business Wire
The not-for-profit public-benefit corporation assumed the responsibility in March, 1998, when California opened its energy markets to competition and the state's investor-owned utilities turned their private transmission power lines over to the California ISO to manage.
Major Power Line Outage Forces Southern California Transmission ... by Business Wire
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