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Bipartisan bill would create 'public benefit corporation'

A group of legislators from both sides of the aisle want to create a new corporate structure in Minnesota that they say would fill a gap between for-profit and non-profit corporations. B-Corps or "public benefit corporations," which already exist in Vermont and California, would give investors a chance to fund businesses that seek to provide a social good but perhaps pay out lower returns.
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A group of legislators from both sides of the aisle want to create a new corporate structure in Minnesota that they say would fill a gap between for-profit and non-profit corporations. B-Corps or "public benefit corporations," which already exist in Vermont and California, would give investors a chance to fund businesses that seek to provide a social good but perhaps pay out lower returns.

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