SB26, the North Carolina Benefit Corporations Act contains boilerplate legislation from B Labs. View B Labs Statement of Purpose and Declaration of Interdependence here. The following points are applicable to activists or concerned citizens who want to understand why they should oppose Benefit Corporation legislation in their States.
One of the goals of Agenda 21 is to create a system of corporations that partner with governments to achieve Sustainable Development objectives. Across the nation, model legislation is being proposed to the individual States by a pro-Sustainable Development organization (B Lab) for the purpose of creating a “new type” of corporation that will support Public Private Partnerships (PPPs) and Sustainability objectives. Those objectives are anti-liberty and anti-free-enterprise.
The corporation is called a “Benefit Corporation” (B Corp). The originators of this legislation are so ambitious that their plans include the vision to create a public stock exchange for B Corps.
The North Carolina version of this model legislation is SB 26, The North Carolina Benefit Corporation Act. Although the word “sustainable” is not found in the bill, the concepts are clearly there. This bill can be traced back to the key advocates and creators of Agenda 21-Sustainable Development.
As of May 2011, the same legislation had been passed in four states: Virginia, Maryland, Vermont, and New Jersey. It has also been introduced in Colorado, Hawaii, New York, Pennsylvania, California, Michigan, and of course North Carolina. To see the list of States, including California, where B Corp legislation has been proposed or passed go to: http://www.bcorporation.net/publicpolicy
Read why SENATE BILL 26, The North Carolina Benefit Corporations Act MUST BE STOPPED!
http://www.freedomadvocates.org/images/pdf/bcorp%20sb26%20a.pdf
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