One can be a B Corps and yet be incorporated legally as a C corporation, an LLC, even a sole proprietorship. In other words, a company can be certified as a B Corps without ever incorporating as a benefit corporation<br />
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• One can be a benefit corporation under Maryland law without being a B Corps. The Maryland law does not require that benefit corporations be certified as B Corps. Rather, it requires that benefit corporations’ social and environmental performance be assessed by an independent third party that makes publicly available or accessible the following information:<br />
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1. The factors considered when measuring the performance of a business