Comments on: The new business of democracy: Low-profit limited liability as media reform http://artthreat.net/2009/04/the-new-business-of-democracy-low-profit-limited-liability-as-media-reform/ political art & cultural policy Thu, 02 Sep 2010 17:07:03 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: BP009 http://artthreat.net/2009/04/the-new-business-of-democracy-low-profit-limited-liability-as-media-reform/comment-page-1/#comment-1292 BP009 Sun, 19 Apr 2009 13:04:54 +0000 http://artthreat.net/?p=1987#comment-1292 Here are a couple links to more info on L3C's .I have followed this a little since it first became law here in Vermont . <a href="http://www.nonprofitlawblog.com/home/2009/03/l3c-developments-resources.html" target="_blank">http://www.nonprofitlawblog.com/home/2009/03/l3c-...</a> <a href="http://americansforcommunitydevelopment.org/" target="_blank">http://americansforcommunitydevelopment.org/</a> Vermont companies pay $75 to file as an L3C and those located elsewhere, $100, not including the fees generated by filing annual reports, said Deputy Secretary of State Bill Dalton. There are no estimates last year on how much money the measure could raise. In Vermont roughly 35 L3C entities have been or are in the process of being created in Vermont, such as CoolPass, L3C, Faithful Travelers, L3C, and Monkton Community Coffeehouse, L3C. A list of established L3Cs in Vermont is searchable through the corporation database on the Vermont Secretary of State website. The L3C has also been put forward as a tool to save newspapers,more about that here <a href="http://sneigwh.blogspot.com/2009/03/vermonts-year-old-l3c-law-may-help.html" target="_blank">http://sneigwh.blogspot.com/2009/03/vermonts-year...</a> Here are a couple links to more info on L3C's .I have followed this a little since it first became law here in Vermont .
http://www.nonprofitlawblog.com/home/2009/03/l3c-...
http://americansforcommunitydevelopment.org/
Vermont companies pay $75 to file as an L3C and those located elsewhere, $100, not including the fees generated by filing annual reports, said Deputy Secretary of State Bill Dalton. There are no estimates last year on how much money the measure could raise.

In Vermont roughly 35 L3C entities have been or are in the process of being created in Vermont, such as CoolPass, L3C, Faithful Travelers, L3C, and Monkton Community Coffeehouse, L3C. A list of established L3Cs in Vermont is searchable through the corporation database on the Vermont Secretary of State website.

The L3C has also been put forward as a tool to save newspapers,more about that here
http://sneigwh.blogspot.com/2009/03/vermonts-year...

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