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Community Enterprise Law

Legal tools for community businesses and nonprofits.

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  • Entity Structure
    • Overview of Legal Entities
    • The Corporation
    • Adapting Legal Entities For a Sustainable Economy
    • New Types of For-Profit Entities
    • Cooperatives
    • Nonprofit Organizations
    • Participatory Governance Models
    • Certifications
  • Financing
    • Overview of Community-Based Financing
    • A Securities Law Primer
    • Registering Securities
    • Exemptions from Registration
    • Resale of Securities
    • Loan Funds, CDFIs, Investment and Business Development Clubs
    • The Crowdfund Act
    • Program-Related Investments
    • International Community-Based Financing Models
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    • Employment Law and the Next Economy
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    • Vision, Goals, and Legal Framework for Economically Sustainable Housing
    • Legal Structure Models for Economically Sustainable Housing
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Entity Structures

Welcome to the Entity Structure section of the Law Center’s Community Enterprise e-Resource Libraries! Here is a summary of what you’ll find in this section of the library:

Overview of Legal Entities: Addresses three important questions for entities in the new economy, on purpose, financing, and governance.

Corporations: This page looks specifically at the concerns of using the corporate form for community enterprises while the following investigates ways to overcome these concerns.

Adapting Legal Entities to Community Enterprises: Discusses some options for how to adapt LLCs, Partnerships, and Corporations.

New Types of For-Profit Entities: This page explores Low-Profit LLCs, Benefit Corporations, Flexible Purpose Corporations, and Social Purpose Corporations.

Cooperatives: Co-opLaw.org is the Law Center e-resource library dedicated to cooperative law and supporting cooperative formation.

Nonprofit Organizations: This page outlines of relevant topics when deciding whether to form as a nonprofit, tax-exempt organization.

Participatory Governance Models: Discusses questions to ask to help determine what governance model makes sense for your situation, and a couple models of governance.

Certifications: This page explains how to certify a business as a B Corporation.

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Enterprise Blog

  • An Introduction to the Investment Company Act of 1940

  • Community Capital Spotlight: Oregon’s Community Public Offering Exemption

  • Is Delaware the Best Place to Incorporate a Nonprofit?

  • Public Advertising to Wealthy Investors: The New SEC Rule 506(c) vs. California’s Qualified Purchaser Exemption

  • Investment Crowdfunding: One Step Closer

  • Delaware’s New Benefit Corporation Legislation

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