Central Vermont Public Service Corporation - sec 2025

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The Securities and Exchange Commission (SEC) oversees securities exchanges, securities brokers and dealers, investment advisors, and mutual funds in an effort to promote fair dealing, the disclosure of important market information, and to prevent fraud.
The benefit corporation law allows for the creation of a new and voluntary corporate entity that will allow businesses to consider profit as well as society and the environment. This form of incorporation allows a business to balance fiduciary duty between its shareholders and stakeholders.
A public benefit corporation is a corporation created to generate social and public good, and to operate in a responsible and sustainable manner.
The chief difference between a non-profit corporation and a benefit corporationsometimes called a B Corporationis the ownership factor. There are no owners or shareholders in a non-profit company. A benefit corporation, however, does have shareholders who own the company.
Nonprofits are not owned by shareholders and do not distribute profits to individuals. This means that a public benefit corporation will generate profits and distribute dividends to shareholders, while a nonprofit will reinvest any surplus revenue back into its own programs.
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