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Foreign Limited Liability Limited Partnership Statement of Authority (Lllp) - Alabama
Foreign Limited Partnership Statement of Authority (Lllp) is a legal document that was released by the Alabama Secretary of State - a government authority operating within Alabama.
FAQ
Q: What is a Foreign Limited Liability Limited Partnership (LLLP)?A: A Foreign Limited Liability Limited Partnership (LLLP) is a type of business entity that combines the features of a limited partnership and a limited liability company.
Q: What is a Statement of Authority for an LLLP?A: A Statement of Authority for an LLLP is a legal document that designates certain individuals as authorized representatives of the partnership.
Q: Why do I need to file a Statement of Authority for an LLLP?A: Filing a Statement of Authority for an LLLP is required by the state of Alabama to legally establish the partnership and designate authorized representatives.
Q: Who needs to sign the Statement of Authority?A: The Statement of Authority must be signed by at least one general partner of the LLLP.
Q: Is there a fee to file a Statement of Authority for an LLLP?A: Yes, there is a fee associated with filing a Statement of Authority for an LLLP. The fee amount may vary.
Q: What happens after I file the Statement of Authority?A: Once the Statement of Authority is filed, it becomes a public record and the designated individuals will have the legal authority to act on behalf of the LLLP.
Q: Is there a deadline for filing the Statement of Authority?A: There is no specific deadline for filing the Statement of Authority for an LLLP, but it is recommended to file it as soon as possible after forming the partnership.
Q: Can I make changes to the Statement of Authority after it is filed?A: Yes, you can make changes to the Statement of Authority by filing an amendment with the Alabama Secretary of State.
Q: Are there any annual reporting requirements for an LLLP?A: Yes, an LLLP is required to file an annual report with the Alabama Secretary of State and pay the associated fee.
Form Details:
- Released on January 1, 2020;
- The latest edition currently provided by the Alabama Secretary of State;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Alabama Secretary of State.
Download Foreign Limited Liability Limited Partnership Statement of Authority (Lllp) - Alabama
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