Social Enterprise Choice of Entity: Benefit Corporation, Flexible Purpose Corporation, and the L3C

September 30, 2015

Recent legislation has proffered three next entities meant to facilitate joint ventures between non-profits and for-profits – the low-profit limited liability company, the benefit corporation and the flexible purpose corporation. Each offers distinct operational advantages...

 

by By Mark E. Powell, Esq., Cecily Jackson-Zapata, Esq., and Becki Kammerling, Esq.

 

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