The Docket: District Court Denies Challenge to Corporate Transparency Act

October 29, 2024

The U.S. District Court for the Eastern District of Virginia denied the Community Association Institutes motion for preliminary injunction in its challenge to the Corporate Transparency Act (CTA). The lawsuit challenges the constitutionality of the act and Financial Crimes Enforcement Network’s (FinCEN) interpretation of the exemption for nonprofits. Earlier this year, a district court in Alabama held the law was unconstitutional.

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Contact ALTA at 202-296-3671 or [email protected].