Corporation

Condo and HOA Virtual/ZOOM Meetings in Wisconsin – How Legal Are They?

Most condominiums and homeowner associations (HOAs) are nonstock corporations under Wisconsin Chapter 181.  As such their members can make decisions one of three ways: Holding a meeting; Action by written consent (181.0704 Wis. Stat.). This may be used unless “limited or otherwise provided in the articles of incorporation or bylaws…”  For an association to act […]

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Corporate Transparency Act – Does Your Association Want to Give the U.S. Government $10,000

What is the Corporate Transparency Act? The Corporate Transparency Act (the “CTA”) was enacted by Congress on January 1, 2021 (31 USC 5301, et seq.). The stated purpose of the law is to address “the disclosure of corporate ownership and the prevention of money laundering and the financing of terrorism.” WHAT? So how does this relate to

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