Laws
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:
Additionally, the following federal jurisdictions have adopted L3C legislation:
L3C legislation has passed in the following U.S. Territory: