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Every state allows an entrepreneur to form an L3C in that state (i.e., each state gives the option to establish an L3C just like it gives the option to establish an LLC in that state). Is this statement true or false

Respuesta :

Answer:

True.

Explanation:

L3C is is a setup which requires program related investment PRI, which makes an investment foundation for profit to support philanthropic activities. There are various states which allows L3C formation just like LLC to the entrepreneurs.

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