Corporate Transparency Act: New Clauses for Credit Agreements

Need to comply with the Corporate Transparency Act (CTA)? Add these clauses to your credit agreement to address the requirements for the borrower and the lender to collect and review beneficial ownership information under the CTA.

Read now »

Related Content

• Corporate Transparency Act Regulations and Guidance Tracker
  Check out this tracker providing a summary of relevant Financial Crimes Enforcement Network proposed and final rules, regulations, and other guidance relating to the CTA.

• The Corporate Transparency Act and Beneficial Ownership Reporting Requirement
  Review this practice note discussing the CTA and providing guidance on which entities must file reports under the CTA, the information to be included, which entities are exempt from filing reports, and when reporting companies must amend their previously filed reports.

• Complying with the Corporate Transparency Act Checklist
  Use this checklist to determine whether a company is subject to the CTA, whether a reporting company is exempt from filing a beneficial ownership report, and which individuals are beneficial owners for reporting purposes.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

• Market Standards—Finance
• Benchmark Interest Rate Replacement Clause (Hardwired) (Credit Agreement)
• Benchmark Interest Rate Replacement Clause (Amendment) (Credit Agreement)
• Benchmark Interest Rate Replacement Clause (Hardwired) (Bilateral Credit Agreement)
• Government Concessions Video
• Off-Take Contracts Video
• Project Completion Video
• Bank Failure Resource Kit assembles Practical Guidance resources covering topics related to the recent bank failures.
• Practical Guidance Journal Winter Edition features Generative AI’s explosive impact on the law and legal practice. Explore developments covering Generative AI in discovery, data security, and intellectual property. Also review new private market data for real estate and labor & employment practitioners.
• Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID-19 and more.
• Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
• Check out our Practical Guidance Author Center! Learn about the 2000+ leading attorney authors contributing to our 26 practice areas, and find out how you can Become a Practical Guidance Author. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.  
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts. 

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+