As discussed in a prior article, the Community Associations Institute (“CAI” or the “Plaintiffs”) filed a lawsuit in the Eastern District of Virginia against the Department of Treasury seeking an exemption for community associations from the Corporate Transparency Act. Specifically, CAI argued (i) that requiring community associations to disclose “beneficial owners” to the Department of Treasury is unwarranted under the Corporate Transparency Act; (ii) the Corporate Transparency Act violates the Administrative Procedure Act (the “APA”); (iii) the Corporate Transparency Act exceeds Congress’ Article I authority; and (iv) the Corporate Transparency Act is unconstitutional under the First and Fourth Amendments. On October 24, 2024, the court denied the CAI’s request for a preliminary injunction.      Read the article…………………………….