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. As of December 2015 , L3Cs are only recognized in 10 states, three tribes and the territory of Puerto Rico, so if you are building your organization in one of the following places, yes you can! Can I start an L3C? Rhode Island.
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