BLLC

Benefit Limited Liability Company - 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.

Class Information

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Identification

Label (rdfs)
Benefit Limited Liability Company
Preferred Label
BLLC
Alternative Labels
Benefit LLC
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Definition and Examples

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.
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Additional Information

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Deprecated
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