Get the free Statement of Partnership Authority (Form GP-1) - CA.gov

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General Partnership Registration Formfitting Fee: $50 Statute: 541A303 1. Name of the partnership: 2. Street address of the chief executive office: (Cannot be a P.O. Box. Please include the city,

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How to fill out statement of partnership authority

01

Obtain a copy of the statement of partnership authority form.

02

Fill in the name of the partnership and the address of its principal office.

03

Include the names and addresses of all general partners.

04

Indicate the authority of each partner to bind the partnership in business transactions.

05

Sign and date the statement of partnership authority.

Who needs statement of partnership authority?

01

Partnerships who want to formally document the authority of their partners in business transactions.

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What is statement of partnership authority?

The statement of partnership authority is a legal document that details the authority granted to individuals within a partnership to act on behalf of the business.

Who is required to file statement of partnership authority?

Partnerships are required to file a statement of partnership authority to disclose who has the authority to make decisions and enter into contracts on behalf of the business.

How to fill out statement of partnership authority?

The statement of partnership authority can typically be filled out online or by mail, and will require information about the partners and their respective roles within the partnership.

What is the purpose of statement of partnership authority?

The purpose of the statement of partnership authority is to provide clarity on who has the authority to act on behalf of the partnership, reducing the risk of unauthorized actions.

What information must be reported on statement of partnership authority?

Information such as the names of partners, their roles, and the extent of their authority must be reported on the statement of partnership authority.

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