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Default, Alternative, and Simplified Forms of Regulation; Refraining from Regulation; and Reclassification of Parts II and III Services Basis, Purpose, and Statutory Authority The basis and purpose
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Form statutory authority is used to report information about the legal basis or authority for the creation of a specific entity or organization.
Any entity or organization that is established under a specific legal authority or statute is required to file form statutory authority.
Form statutory authority can be filled out by providing detailed information about the legal basis or statute under which the entity was created.
The purpose of form statutory authority is to provide transparency and accountability regarding the legal basis for the creation of an entity.
The form must include details about the specific legal authority or statute that governs the entity, as well as any relevant information about its creation.
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