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A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)

NonProfit Hub

In this blend, an L3C is a private organization that does earn profits, but only so that it can conduct business to help a certain cause. Rhode Island. The federal jurisdictions of the Crow Indian Nation of Montana, the Oglala Sioux Tribe, the Navajo Indian Nation and Puerto Rico. North Dakota.