Form MLLC-SOA Statement of Authority (For a Maine LLC) - Maine

What Is Form MLLC-SOA?

This is a legal form that was released by the Maine Department of the Secretary of State - a government authority operating within Maine. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is an MLLC-SOA Statement of Authority?
A: The MLLC-SOA Statement of Authority is a document filed by a Maine LLC that outlines the powers and authority of its members and managers.

Q: What is the purpose of filing an MLLC-SOA Statement of Authority?
A: The purpose of filing an MLLC-SOA Statement of Authority is to provide clarity and transparency regarding the decision-making authority of the members and managers of a Maine LLC.

Q: Who needs to file an MLLC-SOA Statement of Authority?
A: Maine LLCs are required to file an MLLC-SOA Statement of Authority if they want to specify and limit the powers and authority of their members and managers.

Q: Can I make changes to the MLLC-SOA Statement of Authority after filing?
A: Yes, you can amend the MLLC-SOA Statement of Authority by filing a Certificate of Amendment with the Maine Secretary of State.

Q: What happens if I fail to file an MLLC-SOA Statement of Authority?
A: If you fail to file an MLLC-SOA Statement of Authority, the default rules outlined in the Maine LLC laws will apply, and there may be uncertainty regarding the decision-making authority of the members and managers.

Q: Is the MLLC-SOA Statement of Authority publicly available?
A: Yes, the MLLC-SOA Statement of Authority is a public document that can be accessed by anyone who wishes to review it.