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Tag: "L3C"

Louisiana Becomes 9th State to Pass Benefit Corporation Legislation

| August 1, 2012 | Comments (0)
Louisiana Becomes 9th State to Pass Benefit Corporation Legislation

As of today, August 1st, 2012, companies throughout the state can incorporate as benefit corporations. To celebrate the passage of this new legislation, the New Orleans Business Alliance along with Propeller and B Lab are hosting a reception tonight from 5:00 to 7:00 pm. An RSVP is required to attend this event.For those of you […]

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The L3C: A Low-Profit LLC Can Potentially Bridge The Gap for Social Entrepreneurs

| February 7, 2012 | Comments (0)
The L3C: A Low-Profit LLC Can Potentially Bridge The Gap for Social Entrepreneurs

A couple of weeks ago, I discussed the Benefit Corporation, a new business entity which puts social entrepreneurship before profits. The Louisiana legislature has yet to pass a law allowing the new business entity, but we are one of only about 8 states that has passed legislation authorizing the Low-Profit Limited Liability Company (L3C). Born […]

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