Corporate Transparency Act (CTA) and the Reporting Rule Temporarily Blocked— Beneficial Ownership Information (BOI) Report January 1, 2025, Deadline is Stayed -By Shannon Gonzalez
The Corporate Transparency Act (CTA) requires Reporting Companies to report specific identifying information in a Beneficial Ownership Information (BOI) report to the Financial Crime Enforcement Network (FinCEN).1 The BOI report must include each beneficial owner and state their legal name, date of birth, current residential or business address and a unique identifying number.2 The identifying […]
The Importance of Legal Board Representation for Your HOA
As the board of directors for your homeowners’ or condo association, you’re entrusted with a significant responsibility – overseeing the governance, financial management, and operations of the entire community. It’s a big job with many legal implications that can be a lot for a volunteer board to take on alone. That’s why having an experienced […]
Conducting Electronic Board Meetings
The Global Pandemic has caused us to take a number of precautions for our health and safety. These precautions commonly include prohibitions on meetings and gatherings. This can understandably make it difficult for Texas Homeowners Associations and Condominiums to continue operations for the benefit of their members. Thankfully, Texas Law includes a number of provisions […]