LAW AND
SOCIAL entrepreneurSHIP

UPDATED U.S. MAP OF SOCIAL ENTERPRISE STATUTES

As of today, February 17, 2015, I count 36 states with some form of social enterprise legislation on the books. Four states came online with benefit corporation statutes as of January 1, 2015, and California changed the name of its “flexible purpose corporation” variant to “social purpose corporation” like Florida, Texas (quasi-social purpose statute), and Washington. Otherwise, I do not believe that much has changed with respect to U.S. social enterprise legislation since my last posting of the map below in August of 2014. Please let me know, however, if you have corrections and/or clarifications to this summary or this map.

BALANCING PURPOSE AND PROFIT

Originally posted on Trust.org

Legal mechanisms to lock in social mission for “profit with purpose” business across the G8 

 

BENEFIT CORPORATION AND L3C ADOPTION: A SURVEY

You can see early research on social enterprise formation at Stanford Social Innovation Review by Kate Cooney (Yale), Matt Lee (INSEAD), Justin Koushyar (Emory), and me (Belmont).

Nine New Law Review Articles on Social Enterprise

Nonprofit Law Blog reports: “The scholarly discussion of social enterprise and hybrid legal entities shows no signs of abating.” Featured here is a listing of nine new law review articles all about social enterprise. Check it out!