Due to the residual effects of the winter weather south of Atlanta, the State Bar's Coastal Georgia and South Georgia offices will remain closed through Friday, Jan. 24. Staff will be available to answer calls and emails remotely.

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Young Lawyers Division

From the YLD President

Read “Let’s Normalize Service” by YLD President Kenneth Mitchell Jr. in the November 2024 issue of the Georgia Bar Journal.

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In keeping with its motto of “working for the profession and the public,” the YLD has 30 hard-working committees that provide service to the public, the profession and the Bar through and array of projects and programs.

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Latest News

Corporate Transparency Act (CTA) and Beneficial Ownership Information (BOI) Requirements

Nov 14, 2024, 09:19 by Jennifer Mason
The Corporate Transparency Act (CTA) went into effect Jan. 1, 2024. The Act requires that legal entities formed and operated in the United States provide identifying information (including the name, birthdate, physical address and a photo from a driver’s license or passport) for each beneficial owner or person with control. The information will go into a national registry controlled by FinCEN, a bureau of the U.S. Department of Treasury, and will be available to law enforcement agencies for their use in detecting illegal activity. State Bar General Counsel Paula Frederick previewed the Act in her October 2023 Georgia Bar Journal article, “Transparency Is Coming.” 

Please note that the original Dec. 31, 2024, filing deadline for entities already in existence by Jan. 1, 2024, has been suspended by the U.S. District Court of the Eastern District of Texas, which granted an injunction on Dec. 3 temporarily blocking the CTA nationwide. (Reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports.)

For more information, please visit www.fincen.gov/boi.

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