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A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)

NonProfit Hub

Let’s explore just one of the many options you have in starting a socially responsible organization: a low-profit limited liability company (L3C). Well, what is a Low-Profit Limited Liability Company (L3C)? Other examples have included farmers’ markets, newspapers, law groups and art centers. Can I start an L3C?