HRS §420D-9
Benefit officer duties and independence
Read the official text at capitol.hawaii.gov ↗A sustainable business corporation can choose to have a benefit officer. This officer manages the company's public benefit goals as set in the bylaws or by the board. If there is a benefit officer, they must prepare the benefit report. The officer must be independent and have no significant ties to the company.
businesses
The statute, as written — Benefit officer
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
(a) A sustainable business corporation may have an officer designated as the benefit officer who shall have the authority and shall perform the duties in the management of the sustainable business corporation relating to the purpose of the corporation to create general or specific public benefit as may be provided by or pursuant to the bylaws or, in the absence of controlling provisions in the bylaws, as may be determined by or pursuant to resolutions or orders of the board of directors. If a sustainable business corporation has a benefit officer, the duties of the benefit officer shall include preparing the benefit report required by section 420D-11. (b) A benefit officer shall be independent of and shall have no material relationship with the sustainable business corporation.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.