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Mission Lock Question Inquiry

Just looking for some clarification on the following question and what would be the correct response for the document that we have. 


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We have updated our articles of association with the language we found on the Legal Requirement Tool. Could you tell me what response this corresponds to?



Best Answer
Thank you for your inquiry! While we do not verify legal requirements outside of verification, companies that meet the legal requirement at the highest parent company or entity level in their organization can opt into Option 4. Option 4 applies to companies that are independently owned and have amended their legal documents or adopted the Benefit Corporation structure where available. Option 3 should be selected by companies that have amended their legal documents or adopted the Benefit Corporation structure, but are a subsidiary of another company that has not completed the legal requirement.

Lastly, know that your Verification Analyst will officially review your uploaded legal documents and will verify your response to the Mission Lock question during the Verification! They will also review the potential need for and scope of the legal amendments for partially-owned subsidiaries.

Thank you and have a great day!
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Answer
Thank you for your inquiry! While we do not verify legal requirements outside of verification, companies that meet the legal requirement at the highest parent company or entity level in their organization can opt into Option 4. Option 4 applies to companies that are independently owned and have amended their legal documents or adopted the Benefit Corporation structure where available. Option 3 should be selected by companies that have amended their legal documents or adopted the Benefit Corporation structure, but are a subsidiary of another company that has not completed the legal requirement.

Lastly, know that your Verification Analyst will officially review your uploaded legal documents and will verify your response to the Mission Lock question during the Verification! They will also review the potential need for and scope of the legal amendments for partially-owned subsidiaries.

Thank you and have a great day!

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