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A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives.
Special districts (also known as special service districts, special district governments, or limited purpose entities) are independent, special-purpose governmental units that exist separately from local governments such as county, municipal, and township governments, with substantial administrative and fiscal independence.
In California, "[t]he amendment, S.B. 1301, changes existing law (found under Corporations Code Sections 2500–3503) [1] to emphasize the social-purpose nature of the flexible purpose corporations, most notably by changing its name to the "Social Purpose Corporation".
Economic entities for special purpose. asunto-osakeyhtiö (Swedish: bostadsaktiebolag), a limited liability company for the ownership, construction and maintenance of an apartment building [36] julkinen keskinäinen vakuutusyhtiö, abbreviated jy (Swedish: publikt ömsesidigt försäkringsbolag), [37] public mutual insurance company
Orange County, California has $80 million invested in Whistlejacket. Developments in 2008. On 14 January 2008, ... Special-purpose entity; References
A flexible purpose corporation (FPC) was a class of corporation in California lacking a profit motive when pursuing a social benefit defined in its charter. [citation needed] A flexible purpose corporation differed from a Benefit corporation in that it targeted for-profit entities seeking traditional capital market investment.
A special purpose private equity fund (SPPEF) also called a special purpose private equity investment fund, [1] is a legal entity, frequently a Limited Liability Company incorporated in the US state of Delaware, but it can be any type of corporation or partnership entity and of any domicile, including sovereign states. [2]
As of 2017, there are 2,894 special districts in California. A majority, 86 percent, provide a single function. Fire protection, water supply, natural resources, and cemeteries are the most abundant. [28] In Fiscal Year 2019-20, special districts reported $79.67 billion in revenues and $76.29 billion in expenditures. [29]