public benefit corporation

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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)

References in periodicals archive ?
The Kaiser Foundation is a non-profit, public-benefit corporation that owns and operates community hospitals in California, Oregon, and Hawaii; owns outpatient facilities in several states; provides or arranges hospital services; and sponsors charitable, educational, and research activities.
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.
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 the to the California ISO to manage.
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.
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 ISO to manage.
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