For benefit, for profit – new legal framework

Here is some truly interesting news:

Anne Field writes (True/Slant) an article titled  “Maryland is first state to adopt a law creating for-benefit for-profit companies”:

“For the world of not-only-for-profits, some big news.  A turning point, really.

As I said week before last, Maryland was poised to become the first state to adopt legislation creating a new corporate form requiring companies to consider larger societal interests. And, it just happened.”     … continue here


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