Beneficial-ownership reporting is permanently off for Louisiana associations, and the state says so
Beneficial-ownership reporting is permanently off for Louisiana associations, and the state says so
2026-09-10 · Louisiana · Compliance
What happened. For about a year Louisiana community-association boards were told they had a federal filing obligation, then that it was suspended, then that it might come back. It is now settled: a Louisiana association organised as a Louisiana nonprofit corporation is not a reporting company for beneficial-ownership purposes.
What the federal position is
FinCEN's Beneficial Ownership Information page carries the current statement:
“FinCEN has finalized its BOI reporting rule. Under the new rule: U.S. companies are exempt from the Beneficial Ownership Information (BOI) reporting requirements…”
The sequence, for anyone tracking it: an interim final rule published March 26, 2025 narrowed the definition of “reporting company” to foreign-formed entities registered to do business in a US state or tribal jurisdiction, applied by FinCEN from March 21, 2025; and a final rule, announced August 11, 2026, published and effective August 14, 2026, made that permanent. We could not open the Federal Register page to pin the exact volume-and-page citation, so treat the “91 FR” reference as unverified — the document number is 2026-16576 and FinCEN's own page is the source we relied on.1
And what Louisiana says
The Louisiana Secretary of State's own guidance page is unusually direct:
“Domestic Reporting Companies are now exempt from Beneficial Ownership Information Reporting.”
“This is a federal filing, not a Louisiana filing.”
“Will the Louisiana Department of State collect beneficial ownership information? No.”
“Reporting companies should not report beneficial ownership information to any organization except for FinCEN.”
That last sentence is a fraud warning as much as a compliance note, and it is worth passing on to a board that is being solicited.2
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