01/03/2012 07:31 pm ET

18 California Companies Seize The Moment To Become Benefit Corporations

When the California Secretary of State's office opened its doors this morning, there stood a band of smiling millionaires, papers in hand, waiting to sign on the dotted line. At 9:30 a.m., California officially began accepting filings for social enterprises to become legal Benefit Corporations, and many of them wanted to be first.

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