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HOA boards unintended victims of federal law aimed at terrorism

/ Owner - March 30, 2024

A federal law aimed at curtailing money laundering to benefit terrorists is catching the more than 120 homeowners associations in Ventura County and elsewhere in its net with new beneficial ownership filing requirements. In effect, individuals who are elected by their fellow homeowners to represent their communities could be asked to register with the federal government just as owners of companies that do business with foreign entities do.    Read the article…………………………….

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