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Morris Laing News and Articles

The Need for Real Estate Title Insurance

Clients frequently ask whether they need to get title insurance when buying a house or other real estate.  Our answer is almost always an unqualified “yes.”  Title insurance gives the buyer assurance that the seller actually owns the property they are offering to...

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Notary Publics

If you are a notary public or employ one in your business, it is important that you understand the duties of a notary and what notarial acts you may be asked to perform.  Kansas law recognizes two distinct notarial acts, each having a different purpose:  An...

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Corporate Transparency Act Update

On December 26, the US Fifth Circuit Court of Appeals reversed itself and reimposed a preliminary injunction upon the enforcement of reporting companies’ obligation to file a beneficial ownership information (BOI) report pursuant to the Corporate Transparency Act...

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Corporate Transparency Act Update

On December 23, the US Fifth Circuit Court of Appeals reversed a Texas district court’s preliminary injunction, which had temporarily halted enforcement of the Corporate Transparency Act (“CTA”). As a result of the Fifth Circuit’s order, reporting companies are once...

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Corporate Transparency Act: Overview of New Reporting Requirements Under the Corporate Transparency Act

The Corporate Transparency Act (CTA) became effective on January 1, 2024. It was passed by Congress in early 2021 as a part of the National Defense Authorization Act. The CTA imposes upon most companies the obligation to report to the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of Treasury, the names and other personal information of the individuals who exercise “substantial control” over registered companies, including certain owners. Does your company need to report?

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