Social Purpose Corporation

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Social Purpose Corporation in Washington State

From Washington State Senator David Frockt’s blog:

“HB 2239 establishing a new type of corporate form in Washington: the social purpose corporation. Frockt prime sponsored the Senate companion (along with Senators Chase and Kilmer) and worked with his former House colleagues Jamie Pedersen and Roger Goodman to move the legislation to the governor’s desk. This measure establishes a new and innovative corporate form that will allow entrepreneurs and companies more flexibility to adopt corporate goals other than maximizing profits. “

Includes provision that the incorporation documents must state a date on which the corporation shall terminate.

Proveloper's picture
Jul. 31, 2007 4:01 pm

The AT&T/Time Warner Merger - Time To Worry?

Give Donald Trump some credit: he might be a bigoted crypto-fascist who's taken the Republican Party to the right of Attila the Hun - but every once in a while he's 100 percent correct.

Case in point: his take on AT&T's proposed $85 billion merger with Time Warner.

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