Form 501 Statement of Notice of Withdrawal for a Limited Liability Partnership - Rhode Island

What Is Form 501?

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

FAQ

Q: What is Form 501?
A: Form 501 is a Statement of Notice of Withdrawal for a Limited Liability Partnership in Rhode Island.

Q: What is a Limited Liability Partnership?
A: A Limited Liability Partnership (LLP) is a type of business structure where the partners have limited personal liability for the partnership's debts and liabilities.

Q: Who can file Form 501?
A: Any partner or authorized representative of a Limited Liability Partnership in Rhode Island can file Form 501.

Q: When should Form 501 be filed?
A: Form 501 should be filed when a Limited Liability Partnership wants to notify the Rhode Island Secretary of State that it is withdrawing from the state.

Q: What information is required in Form 501?
A: Form 501 requires information such as the name of the Limited Liability Partnership, the date of withdrawal, and the signature of a partner or authorized representative.

Q: Are there any fees for filing Form 501?
A: Yes, there is a $50 filing fee for Form 501 in Rhode Island.

Q: Is it mandatory to file Form 501 for a withdrawal from a Limited Liability Partnership in Rhode Island?
A: Yes, it is mandatory to file Form 501 to officially withdraw a Limited Liability Partnership from Rhode Island.