{"iri":"https://folio.openlegalstandard.org/RB1qVwz6Yr4OzJf2q5RlsPE","label":"Benefit Limited Liability Company","sub_class_of":["https://folio.openlegalstandard.org/R7oBWHStfmqTLn2MypkW3Pj"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"BLLC","alternative_labels":["Benefit LLC"],"translations":{},"hidden_label":null,"definition":"A Benefit Limited Liability Company (BLLC) is a type of limited liability company that combines the liability protection of a traditional LLC with a commitment to pursuing public benefits alongside profit. These companies are structured to focus on social and environmental goals while still operating as for-profit entities.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}