A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)
NonProfit Hub
JUNE 1, 2017
L3Cs were designed to make it easier for socially responsible businesses to attract money from foundations and private investors. 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. .
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