Social Enterprises as New Types of Nonprofit For Profit Companies

ACORN International Citizen Wealth Financial Justice

 New Orleans     According to Professor Steven Davidoff of Ohio State more than one-third of the states now have a special designation for corporations wanting to establish themselves as social enterprises.   In Louisiana, they are called L3C corporations meaning Low Profit Limited Liability Corporations.   I read Davidoff’s “Deal Professor” column in the New York Times with …

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