Tag: CAI

Categories: Board Duties, Community Association Management, Federal Law & Regulations Tags: Beneficial Owner Information, CAI, Corporate Transparency Act, CTA

By Richard S. Ekimoto, Esq Community Associations Institute filed a lawsuit against the U.S. Department of Treasury challenging the Corporate Transparency Act and its application to community associations. The law suit challenges the law on the grounds that community associations are exempt under Section 528 of the Internal Revenue Code and several constitutional grounds. A hearing on a motion for preliminary injunction is scheduled for October 11, 2024. The motion seeks to prevent the U.S. [Read More...]

Categories: Glossary Tags: CAI, CCAL

Fellows of the College of Community Association Lawyers are attorneys practicing community association law that have distinguished themselves through contributions to the evolution or practice of community association law. Admission requirements include: (1) 7 or more years of practice with a concentration in community association law; (2) substantial writing in the area of community association law; (3) significant teaching on community association law; and (4) community service or legislative activity. The College plans and presents what [Read More...]