Foreign Limited Partnership (Lp) Statement of Authority - Alabama

Foreign Limited Partnership (Lp) Statement of Authority is a legal document that was released by the Alabama Secretary of State - a government authority operating within Alabama.

FAQ

Q: What is a Foreign Limited Partnership?
A: A Foreign Limited Partnership is a type of partnership formed in another state that wishes to conduct business in Alabama.

Q: What is a Statement of Authority?
A: A Statement of Authority is a document filed by a Foreign Limited Partnership to authorize an agent to accept service of process in Alabama.

Q: Why do I need to file a Statement of Authority?
A: Filing a Statement of Authority is required by Alabama law for a Foreign Limited Partnership to legally operate and conduct business in the state.

Q: Who can be an agent for service of process?
A: An agent for service of process can be an individual or a business entity that is authorized to accept legal documents on behalf of the Foreign Limited Partnership.

Q: What information is required in a Statement of Authority?
A: The Statement of Authority must include the name and address of the Foreign Limited Partnership, the name and address of the agent for service of process, and the duration of the authority.

Q: How much does it cost to file a Statement of Authority?
A: The filing fee for a Statement of Authority is $150.

Q: Is there a deadline for filing the Statement of Authority?
A: There is no specific deadline for filing the Statement of Authority, but it must be filed before the Foreign Limited Partnership starts conducting business in Alabama.