Americans for Community Development, the professional organization for L3Cs

Americans for Community Development, the professional organization for L3Cs: Legislation authorizing L3Cs is enacted as an amendment to the general limited liability company (LLC) act, rather than as a separate act. This allows L3Cs to take advantage of the flexibility of the LLC format and the existing body of law regarding their governance. Below are links to the LLC laws for the jurisdictions in which the L3C legislation has been enacted:

Part II: Starting a Nonprofit in Arizona – Forming the Entity | CharityLawyer

Part II: Starting a Nonprofit in Arizona – Forming the Entity | CharityLawyer: "Once a non-profit founder has surveyed the non-profit landscape and found a legitimate need, recruited an initial board, created business and fundraising plans, and scraped together some start-up funding, he or she is ready to proceed. In Arizona, it usually makes the most sense to form the entity as an Arizona non-profit corporation. Very generally, the steps to creating a new non-profit corporation in Arizona are as follows:"