A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)
NonProfit Hub
JUNE 1, 2017
So you want to start an organization that benefits a specific cause. Or is something that benefits both the owners and the cause more up your alley? 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. Can I start an L3C? Rhode Island.
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