public benefit corporation
A public benefit corporation is usually a corporation created by the government that performs a specific function for the benefit of the public, such as a public library or an adult day center. More broadly, a public benefit corporation can mean any corporation created for a charitable purpose, though these are usually called nonprofit or not-for profit corporations if they are not created by the government. Some states (California for example) define any charitable corporation as a public benefit corporation.
Category: Nonprofits → Starting a Nonprofit Corporation

Nolo’s Plain-English Law Dictionary. . 2009.

public benefit corporation
n.
   a term used in some states for a nonprofit community service corporation. Typical examples are clubs like Kiwanis, Rotary, soroptimists and Lions.
   See also: corporation

Law dictionary. . 2013.

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