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. You would complete this process in the same way that businesses file across state lines for tax and fee purposes. . Since the first American L3C was started only in 2008, this concept is relatively new to the business and legal world.
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