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STATE OF ALABAMA FOREIGN LIMITED LIABILITY LIMITED PARTNERSHIP (LL LP) STATEMENT OF AUTHORITY PURPOSE: To register with the Secretary of State prior to transacting business in Alabama pursuant to

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How to fill out lllp statement of authority

01

Start by obtaining the LLLP Statement of Authority form from the appropriate state agency or online.

02

Provide the name and contact information of the limited partner(s) and general partner(s) on the form.

03

Indicate the effective date of the statement of authority.

04

Specify the powers and authority granted to the general partner(s) in the partnership agreement.

05

Sign and date the form.

06

Submit the completed form to the appropriate state agency along with any required fees.

Who needs lllp statement of authority?

01

LLLPs (Limited Liability Limited Partnerships) that want to grant powers and authority to the general partner(s) need to file a statement of authority.

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What is lllp statement of authority?

The lllp statement of authority is a document that specifies the powers and limitations of the limited liability limited partnership.

Who is required to file lllp statement of authority?

In most states, at least one general partner is required to file the lllp statement of authority.

How to fill out lllp statement of authority?

The lllp statement of authority can typically be filled out online or submitted by mail to the appropriate state agency.

What is the purpose of lllp statement of authority?

The purpose of the lllp statement of authority is to provide transparency and clarity regarding the authority of the partners within the limited partnership.

What information must be reported on lllp statement of authority?

The lllp statement of authority typically requires the names and addresses of the partners, along with the specific powers granted to each partner.

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