A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)
NonProfit Hub
JUNE 1, 2017
Other examples have included farmers’ markets, newspapers, law groups and art centers. Rhode Island. Since the first American L3C was started only in 2008, this concept is relatively new to the business and legal world. On the other hand, there are some kinks that still need to be worked out with the L3C system.
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