![]() 9:1141.2(5)) and are therefore subject to the Business Corporations Act. Homeowners’ associations in Louisiana must be organized as either nonprofit corporation, unincorporated association, or other legal entity created by the declaration ( La. The Act governs corporations with regard to corporate structure and procedure. seq.: The Act governs the formation, management, powers, and operation of homeowners’ associations in Louisiana. Louisiana Homeowners Association Act, La. §§ 9:1121.101 et seq.: The Act applies to residential condominiums and provides a legal framework for, without limitation, formation, apportionment of interest, common expenses, and voting rights association administration and powers and purchaser protection. Federal Laws - In addition to state law regulations, the federal government has laws governing the operation and management of common interest communities, condominiums, cooperatives, and residential properties in Louisiana. ![]()
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