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Currently, you can form an L3C in Illinois, Kansas, Louisiana, Maine, Michigan, NorthDakota, Rhode Island, Utah, Vermont, and Wyoming, and in the federal jurisdictions of the Crow Indian Nation of Montana, and the Oglala Sioux Tribe. Pros of The L3C Structure. What is a PRI? PRI is an acronym for Program Related Investment.
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Of the 23 funds listed here, 13 are in the Bay Area, 3 in NYC, 3 in Boston, 2 in LA, and one each in Detroit, Seattle, Toronto, Waterloo, Indianapolis, and Fargo, NorthDakota. This is a very clever way of helping new funds get their footing and hearing about what is working before others may pick up the scent. Global and Local.
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