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Form UPA 303 Statement of Partnership Authority

Form UPA 303 Statement of Partnership Authority

 

INSTRUCTIONS: STATEMENT OF PARTNERSHIP AUTHORITY UPA 303

 

Use this form in the state of Illinois in order to establish limits of authority for partners.  You’re encouraged to consult with an attorney while completing this form. 

 

“Statement of Partnership Authority UPA 303 Step 1”

Provide the name of the partnership in part 1 of this form.  In part 2, list the partnership’s Federal Employer Identification Number (FEIN). 

 

“Statement of Partnership Authority UPA 303 Step 2”

Enter the street address for the chief executive office of the partnership in part 3.  Include the city, state, and zip code. 

 

“Statement of Partnership Authority UPA 303 Step 3”

Enter the name and address for the registered agent and their office in part 4.  Next, list the names and mailing address of all partners or the name and mailing address of the agent that maintains a list of names and addresses of all the partners in part 5. 

 

“Statement of Partnership Authority UPA 303 Step 4”

In part 6, list the names of all partners that are allowed to transfer real property held by the name of the partnership.  If additional space is needed, provide a separate sheet. 

 

“Statement of Partnership Authority UPA 303 Step 5”

If there is a limitation on authority for some or all partners to engage in transaction in the name of the partnership, describe their limitations in part 7.  If you fill out this section, you’ll need to attach a separate sheet for additional space. 

 

“Statement of Partnership Authority UPA 303 Step 6”

At least two partners need to sign and date the bottom of this form while providing their printed name below their signature.  Enter the partner’s address adjacent to their signature. 

 

“Statement of Partnership Authority UPA 303 Step 7”

The filing fee for this form is $25.  Make a check payable to Secretary of State.  Make a copy of this form and send the forms and filing fee to the following address:

 

Secretary of State

Department of Business Services

Limited Liability Division

501 S. Second St., Rm. 357

Springfield, IL 62756

Download the PDF file .