Form GP-1 Statement of Partnership Authority - California

What Is Form GP-1?

This is a legal form that was released by the California Secretary of State - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form GP-1 Statement of Partnership Authority?A: Form GP-1 is a document used in California to provide information about a partnership's authority and structure.

Q: What is the purpose of a Form GP-1 Statement of Partnership Authority?A: The purpose of Form GP-1 is to disclose important information about the partnership's partners, their authority, and the partnership's structure to the California Secretary of State.

Q: Who needs to file a Form GP-1 Statement of Partnership Authority?A: All general partnerships in California are required to file a Form GP-1.

Q: When should a Form GP-1 Statement of Partnership Authority be filed?A: A Form GP-1 must be filed within 90 days of the formation of a general partnership or within 90 days of any changes to the partnership's information.

Q: What information is required on a Form GP-1 Statement of Partnership Authority?A: The form requires information such as the partnership's name, address, partner details, and the scope of each partner's authority.

Q: Can amendments be made to a previously filed Form GP-1 Statement of Partnership Authority?A: Yes, amendments can be made to a previously filed Form GP-1 by filing a new form with the updated information.

Q: What happens if I fail to file a Form GP-1 Statement of Partnership Authority?A: Failure to file Form GP-1 may result in penalties or the loss of certain legal protections for the partnership.