What’s a “Benefit LLC”?

Would you expect less from the Once Free State?

The new law protects benefit LLCs from lawsuits by their members if they make decisions that put the environment, community, or social causes over making a profit. It is aimed at firms that want to make social activism part of their corporate mission.

Profit bad.  Tree hugging good.  Let’s all sit around the fire and sing Kum By Ya.

H/T – Cynthia Prairie @ Maryland Reporter