# Benefit Limited Liability Company

**IRI:** https://folio.openlegalstandard.org/RB1qVwz6Yr4OzJf2q5RlsPE

## Labels

**Preferred Label:** BLLC

**Alternative Labels:**

- Benefit LLC

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/R7oBWHStfmqTLn2MypkW3Pj

**Deprecated:** False