L3Cs: Useless Gadgets?

Callison, J. William
November 2009
Business Law Today;Nov/Dec2009, Vol. 19 Issue 2, p55
In this article the author discusses the dangerous gadgets in the limited liability companies (LLC) in the U.S. He is critical how LLC realize its role as the multipurpose knives of the business organization world. Also investigated the concepts of low-profit limited liability companies (L3Cs), which was adopted by the six states in the country.


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