A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)
NonProfit Hub
JUNE 1, 2017
An L3C, though, is a hybrid of an LLC and nonprofit business model, which is where an organization operates to benefit the general public without shareholders and without a profit motive. The federal jurisdictions of the Crow Indian Nation of Montana, the Oglala Sioux Tribe, the Navajo Indian Nation and Puerto Rico. All in all….
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