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Statement of Authority (Section 3830172, C.R.S.× 1. This Statement of Authority relates to an entity named: 2. The type of entity is a (if trust state revocable or irrevocable): 3. The entity is

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How to fill out statement of authority

How to fill out a statement of authority:

01

Start by identifying the purpose of the statement. Determine whether it is for a business, legal, or organizational matter.

02

Include your personal information, such as your full name, address, contact details, and any relevant identification numbers.

03

Clearly state your authority in the statement. Specify whether you are acting as an individual, a representative of a company, or an appointed agent.

04

Provide a detailed description of the scope of your authority. Explain the specific actions or decisions you are authorized to make on behalf of the entity.

05

If applicable, include any limitations or restrictions to your authority. Make it clear what actions or decisions you are not authorized to undertake.

06

Attach any supporting documents that validate your authority, such as legal documents, certificates, or letters of appointment.

07

Date the statement and sign it. If required, have the document notarized or witnessed by a legal professional.

08

Make copies of the completed statement for your records and any relevant parties who require the statement.

Who needs a statement of authority:

01

Businesses: A statement of authority may be necessary for businesses to grant their employees or agents the power to make decisions, sign contracts, or act on their behalf.

02

Organizations: Non-profit organizations, associations, or clubs may utilize a statement of authority to authorize certain individuals or committees to act on their behalf in specific matters.

03

Legal proceedings: In legal cases, a statement of authority may be used to appoint individuals as representatives for corporations, establish power of attorney, or grant authorization for legal actions.

Note: The specific requirements for a statement of authority may vary depending on the jurisdiction or purpose. It is recommended to consult legal counsel or the relevant governing body to ensure compliance and accuracy in completing the statement.

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What is a statement of authority?

A statement of authority is a document that designates individuals who are authorized to act on behalf of a business entity.

Who is required to file a statement of authority?

Certain types of business entities, such as LLCs, are required to file a statement of authority with the state.

How to fill out a statement of authority?

A statement of authority can be filled out by providing the required information, such as the name and contact information of individuals authorized to act on behalf of the business entity.

What is the purpose of a statement of authority?

The purpose of a statement of authority is to inform the state and the public about who is authorized to act on behalf of the business entity.

What information must be reported on a statement of authority?

The statement of authority typically requires the reporting of names, addresses, and positions of individuals authorized to act on behalf of the business entity.

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