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the l3c illusion: why low-profit limited liability companies will not
If we choose, we can live in a world of comforting illusion.1. Vermont enacted the Nation's first “low-profit limited liability company” (L3C) legislation in 2008.2 ...
22-Callison-Book-1-Vol.-35.pdf

The L3C Illusion: Why Low-Profit Limited Liability - SSRN
The L3C Illusion: Why Low-Profit. Limited Liability Companies Will Not. Stimulate Socially Optimal Private. Foundation Investment in Entrepreneurial. Ventures.
Delivery.cfm?abstractid=1755283

The Emersion of Low-Profit Limited Liability Companies: A Case
entity, the low-profit limited liability company (L3C), is a byproduct of the current two options of ... and appreciation of property cannot be a significant purpose of the L3C. Additionally, an ...... The L3C illusion: Why low-profit limited liability ...
viewcontent.cgi?article=1529&context=etd

Benefit Corporation, Flexible Purpose Corporation, and the L3C By
between non-profits and for-profits – the low-profit limited liability company, the .... There Than Meets The Eye21 or The L3C Illusion: Why Low-Profit Limited.
social-enterprise-choice-of-entity-article.pdf

The Global Use of the Delaware Limited Liability Company for
D. The “L3C” or Low-Profit Limited Liability Company .......... 802. 1. ..... See J. William Callison & Allan W. Vestal, The L3C Illusion: Why Low-Profit. Limited ...
viewcontent.cgi?article=1444&context=wmlr

Mutually Beneficial Relationship: How the Low-Profit Limited
Jan 1, 2013 ... See, e.g., Carter G. Bishop, The Low-Profit LLC (L3C): Program Related ..... Illusion: Why Low-Profit Limited Liability Companies Will Not ...
viewcontent.cgi?article=1039&context=ndjlepp

Purpose With Profit: Governance, Enforcement, Capital-raising And
Oct 1, 2001 ... idea of a low-profit limited liability company, or L3C.10 A state that .... (2010); J. William Callison & Allan W. Vestal, The L3C Illusion: Why.
viewcontent.cgi?article=1115&context=umlr

Profits v. Purpose: Hybrid Companies and the Charitable Dollar
Nov 1, 2014 ... ... its Company Act. In the US, the Low-Profit Limited Liability Company (L3C) is ... The L3C is a relatively new US for-profit/nonprofit hybrid based on the ...... Allan W. Vestal, The L3C Illusion: Why Low-Profit Limited Liability.
viewcontent.cgi?article=1158&context=law_econ_current

Program-Related Investing in L3Cs. A Question-and - Adler & Colvin
low-profit LLC pioneered in Vermont and adopted in less than a dozen ju- risdictions has ... PRl Regulations Compared With Vermont Criteria for L3C Qualification. Vermont ..... "The L3C Illusion: Why Low-Profit Limited Liability. Companies ...
Program-Related Investing in L3Cs. A Question-and-Answer Guide (00463533).pdf

Comments - Scholars' Bank - University of Oregon
Oct 4, 2012 ... category of limited liability company (LLC) with a specified primary .... 16 Carter G . Bishop, The Low-Profit LLC (L3C): Program Related ..... 55 J. William Callison & Allan W. Vestal, The L3C Illusion: Why Low-Profit Limited.
Flaherty.pdf?sequence=1

california's flexible purpose corporation: a step forward, a step back
May 15, 2012 ... Vol. V:II. Profit Limited Liability Company and the Benefit Corporation. ...... The L3C Illusion: Why Low-Profit Limited Liability Companies Will Not ...
viewcontent.cgi?article=1079&context=jbel

to download the PDF file. - Community-Wealth.org
to introduce one new form of social enterprise, the low profit limited liability company (the L3C),1 and the second state to pass legislation creating .... See J. William Callison & Allan W. Vestal, The L3C Illusion: Why Low-Profit Limited. Liability ...
aritcle-smiddy.pdf

social enterprise: who needs it? - Boston College Law Review
881 (2010) (criticizing the low-profit limited liability company form); see also J. ... Callison & Allan W. Vestal, The L3C Illusion: Why Low-Profit Limited Liability ...
04_galle.pdf

One Viable Solution to Advancing Environmental Sustainability
The low-profit limited liability company (“L3C”) is another alternative for .... Illusion : Why Low-Profit Limited Liability Companies Will Not Stimulate Socially Opti-.
New_Corporate_Forms_One_Viable_Solution_to_Advancing_Environmental_Sustainability.pdf

View PDF - Georgetown Law Journal
See J. William Callison & Allan W. Vestal, The L3C Illusion: Why Low-Profit Limited Liability. Companies Will Not Stimulate Socially Optimal Private Foundation ...
zt100116000171.pdf

Full Text - American International Journal of Contemporary Research
We focus on the case of the US Low Profit Limited Liablity Company (L3C) ... Profit Limited Liability Company (L3C) with a cross-national situation appraisal. ..... A. (2011) The L3C Illusion: Why Low-Profit Limited Liability Companies Will Not.
8.pdf

Social Enterprise As Commitment: A Roadmap - Semantic Scholar
The Low-Profit LLC (L3C): Program Related Investment by Proxy or ... failure of the L3C, benefit corporation and flexible purpose corporation forms to ..... Illusion: Why Low-Profit Limited Liability Companies Will Not Stimulate Socially Optimal.
469a1e01e86b19c520e6349f0652ccd1ab5a.pdf

Social Enterprise As Commitment: A Roadmap - Washington
The Low-Profit LLC (L3C): Program Related Investment by Proxy or ... failure of the L3C, benefit corporation and flexible purpose corporation forms to ..... Illusion: Why Low-Profit Limited Liability Companies Will Not Stimulate Socially Optimal.
viewcontent.cgi?article=1879&context=law_journal_law_policy

The Social Enterprise Law Market - [email protected] Carey Law
Nov 2, 2015 ... first L3C statute and the first social enterprise statute in the United States. .... Allan W. Vestal, The L3C Illusion: Why Low-Profit Limited Liability ...
viewcontent.cgi?article=3702&context=mlr

Preventing Private Inurement in Tranched Social Enterprises
Jan 15, 2015 ... J. William Callison & Allan W. Vestal, The L3C Illusion: Why Low-Profit Limited Liability Companies Will Not Stimulate Socially Optimal Private.
viewcontent.cgi?article=1522&context=shlr

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