Get the free Statement of Authority - Division of Corporations - form sunbiz

COVER LETTER TO: Registration Section Division of Corporations SUBJECT: Name of Limited Liability Company Dear Sir or Madam: The enclosed Statement of Authority and fee(s) are submitted for filing.

How to fill out statement of authority

How to Fill Out Statement of Authority?

1. Begin by obtaining the necessary form: You can usually find the statement of authority form on the website of the organization or institution requiring it. It is essential to make sure you have the most up-to-date version of the form.
2. Provide your personal information: The form will typically ask for your full name, address, contact information, and any identification numbers that are relevant to the authority or position you hold. Make sure to fill in accurate and complete information.
3. Specify the authority or position you hold: Clearly state the title or position you hold within the organization or institution. This could be a managerial role, directorship, or any position that involves decision-making authority.
4. Describe the scope of your authority: In this section, you should provide a detailed explanation of the specific powers and responsibilities that come with your position or authority. Outline the limits of your decision-making capabilities and any restrictions that apply.
5. Indicate the duration of your authority: Specify whether your authority is temporary or permanent. If it is temporary, provide the start and end dates for the validity of your authority. This is particularly relevant for positions that involve a set term or project-based roles.
6. Include any supporting documents or attachments: If there are any documents required to support your statement of authority, such as copies of contracts, board resolutions, or legal authorizations, make sure to attach them to your completed form.
7. Review and sign the form: Before submitting the statement of authority, carefully review all the information you have provided to ensure its accuracy. Once satisfied, sign and date the form as required.

Who Needs a Statement of Authority?

1. Organizations and Corporations: Companies often require individuals in leadership positions to fill out a statement of authority to define their decision-making powers. This helps establish a clear hierarchy and ensures accountability within the organization.
2. Government Entities: Government agencies, at various levels, may require individuals in official positions to submit a statement of authority. This helps regulate the exercise of power and create a transparent system in public administration.
3. Financial Institutions: Banks and other financial institutions may request a statement of authority from individuals authorized to act on behalf of the institution or manage specific accounts. This ensures that only authorized personnel can make financial decisions.
4. Nonprofit Organizations: Nonprofit organizations may ask board members or key personnel to complete a statement of authority to ensure that decision-making power aligns with the organization's mission and purpose.
5. Educational Institutions: Universities, schools, and educational boards may require individuals in administrative roles, such as principals or department heads, to provide a statement of authority. This helps define the extent of their decision-making capabilities within the institution.

In conclusion, anyone in a position of authority or leadership within an organization, government entity, financial institution, nonprofit organization, or educational institution may need to fill out a statement of authority. This form ensures that decision-making powers and responsibilities are properly defined and authorized.

For pdfFiller’s FAQs

What is statement of authority?

Statement of Authority is a document that designates the individuals authorized to act on behalf of a business entity.

Who is required to file statement of authority?

Typically, all business entities such as corporations, LLCs, partnerships, etc. are required to file a statement of authority.

How to fill out statement of authority?

Statement of Authority can be filled out by providing the names and titles of individuals authorized to act on behalf of the business entity. It may also require signatures and notarization depending on the jurisdiction.

What is the purpose of statement of authority?

The purpose of statement of authority is to clarify and establish the decision-making authority within a business entity.

What information must be reported on statement of authority?

The statement of authority must report the names, titles, and duties of individuals authorized to act on behalf of the business entity.

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