Can this form be e-signed?

Yes. Under the ESIGN Act (15 U.S.C. ch. 96) and state UETA laws, electronic signatures are generally valid if intent, consent, attribution, and record retention requirements are met.

Is notarization always required?

Not always. Many states require notarization for certain powers (especially real estate), while others accept witnessed signatures; check state rules before execution.

Are remote online notarizations (RON) acceptable?

RON is permitted in most states with permanent RON laws, subject to identity-proofing and recording requirements; verify your state’s notary commission rules before relying on RON.

How do I revoke a General OPA Form?

Execute a written revocation, notify the agent and all third parties relying on the authority, and record the revocation where the original was recorded if property authority was involved.

What if a bank rejects the form?

Ask the bank for specific deficiencies, provide corrected notarized originals or institution-specific authorization forms, and consider counsel if refusal continues.

How should executed forms be stored?

Keep the original or certified copy; retain digital audit trails and signed PDFs in encrypted storage according to retention rules such as IRC §6501(a) and HIPAA where applicable.

General OPA Form

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GENERAL OPA FORM

This Operating Partnership Agreement (the "Agreement") is made and entered into as of Effective Date: by and between: Party A Name: (Entity Type: Corporation LLC Partnership Individual ), and Party B Name: (Entity Type: Corporation LLC Partnership Individual ).

RECITALS

WHEREAS, the Parties desire to form an operating partnership for the purpose of conducting the business described below and to set forth their respective rights and obligations with respect to such partnership.

WHEREAS, each Party possesses certain capital, assets, expertise and business relationships to be contributed to the partnership in accordance with the terms of this Agreement.

WHEREAS, the Parties intend that the partnership operate pursuant to the terms set forth herein and under the laws governing limited partnerships or similar entities in the applicable jurisdiction.

NOW, THEREFORE

In consideration of the mutual covenants and agreements contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

1. DEFINITIONS

1.1 "Agreement" means this Operating Partnership Agreement and all schedules and exhibits attached hereto. "Capital Contribution" means the cash, property or services contributed by a Party in exchange for an Interest. "Interest" means the beneficial ownership interest of a Party in the partnership. Other capitalized terms used in this Agreement shall have the meanings assigned to them in the text or by mutual written agreement of the Parties.

2. FORMATION AND PURPOSE

2.1 Formation. The Parties hereby form an operating partnership pursuant to the laws of the jurisdiction selected under Section 14 (Governing Law) for the purposes described in this Agreement.

Business Purpose

3. CAPITAL CONTRIBUTIONS; INTERESTS

3.1 Initial Contributions. Each Party shall make the initial Capital Contribution set forth below in exchange for the Interest described opposite its name. The Parties' respective initial contributions shall be evidenced by capital account entries and reflected on the partnership books.

Party A Initial Contribution (amount) Party B Initial Contribution (amount)

3.2 Additional Contributions. No Party shall be required to make additional Capital Contributions except upon the unanimous written consent of the Parties or as otherwise provided by this Agreement.

4. ALLOCATIONS AND DISTRIBUTIONS

4.1 Allocation of Profits and Losses. Profits and losses of the partnership shall be allocated to the Parties in proportion to their respective Interests, unless otherwise agreed in writing.

Distribution Policy

5. MANAGEMENT AND VOTING

5.1 Management. The partnership shall be managed by a Manager appointed by the Parties. The initial Manager shall be:

5.2 Voting. Except as otherwise provided in this Agreement, decisions shall be made by a majority vote of Interests. Matters affecting fundamental rights of the Parties (including dissolution, sale of substantially all partnership assets, amendment of this Agreement) shall require the unanimous written consent of the Parties.

6. TRANSFER OF INTERESTS; RESTRICTIONS

6.1 Transfers. No Party shall transfer, sell or encumber any Interest except in accordance with the transfer provisions of this Agreement, including the requirement that any proposed transferee execute an agreement to be bound by the terms of this Agreement.

Transfer Restrictions and ROFR

7. REPRESENTATIONS AND WARRANTIES

7.1 Each Party represents and warrants to the other that: (a) it has the full power and authority to enter into and perform its obligations under this Agreement; (b) the execution and delivery of this Agreement has been duly authorized by all necessary action; and (c) this Agreement constitutes a valid and binding obligation enforceable in accordance with its terms.

Additional Party Representations (if any)

8. COVENANTS; CONDUCT OF BUSINESS

8.1 Each Party covenants to act in good faith and to cooperate with the other Party in the operation of the partnership. The Parties shall keep accurate books and records in accordance with generally accepted accounting principles and shall provide each other with reasonable access to such books and records.

9. INDEMNIFICATION

9.1 Indemnification. The partnership shall indemnify and hold harmless each Party and its affiliates, officers and employees from and against any and all losses, liabilities, claims, damages and expenses (including reasonable attorneys' fees) arising out of the partnership's operations, except to the extent such losses are the result of a Party's gross negligence, willful misconduct or material breach of this Agreement.

10. TERM; TERMINATION

10.1 Term. The partnership shall commence on the Effective Date and shall continue until terminated as provided in this Agreement.

10.2 Dissolution. The partnership shall be dissolved upon the occurrence of any event requiring dissolution under applicable law or upon the unanimous written agreement of the Parties. Upon dissolution, the partnership shall wind up its affairs and distribute assets in accordance with this Agreement.

11. NOTICES

11.1 All notices, requests, consents and other communications required or permitted under this Agreement shall be in writing and delivered to the Parties at the addresses set forth below, or to such other address as a Party may designate by written notice to the other Party.

Notice Address for Party A Notice Address for Party B

12. AMENDMENT; WAIVER

12.1 Amendment. This Agreement may be amended only by a written instrument signed by all Parties. 12.2 Waiver. No waiver by any Party of any breach or default shall be effective unless in writing, and no waiver shall be deemed a waiver of any subsequent breach or default.

13. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction selected by the Parties below, without regard to principles of conflicts of law.

Governing Law Jurisdiction

14. ENTIRE AGREEMENT; SEVERABILITY

14.1 Entire Agreement. This Agreement (including all schedules and exhibits attached hereto) constitutes the entire agreement of the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings and negotiations, whether written or oral.

14.2 Severability. If any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect, such provision shall be severed and the remaining provisions shall remain in full force and effect to the maximum extent permitted by law.

15. COUNTERPARTS

This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. Execution by electronic signature shall have the same force and effect as an original signature.

Schedules and Exhibits (list)

Party A:

By:

Date:

Party B:

By:

Date:

What the General OPA Form Is and when it’s used

The General OPA Form is a standardized authorization document used to grant another person or entity authority to act on behalf of the principal in specified matters. In practice it functions like a general power of attorney: it identifies the principal, names the agent, describes the scope of authority, and sets effective and termination dates. The form is used across commercial, financial, and personal contexts where third-party representation is required, and it commonly requires signature, witness, or notarization depending on the jurisdiction and the authorities granted.

Why a clear General OPA Form matters

A well-prepared General OPA Form documents the principal’s intent, limits potential disputes, and ensures third parties can rely on the agent’s authority. Clear scope, accurate names, and proper execution reduce administrative delays and legal risk when institutions request proof of authority.

Who typically completes and relies on this form

Organizations and individuals use the form when a principal needs someone else to manage transactions, legal matters, or administrative tasks on their behalf.

Individuals granting general authority for finances, bills, and routine affairs.
Businesses delegating signing authority for contracts, invoices, or payroll.
Attorneys and trust officers documenting client-appointed agents for legal or estate matters.

Step-by-step: filling out and finalizing the form

Follow these sequential steps to complete the General OPA Form accurately and reduce processing delays.

01

Prepare details: Gather IDs, addresses, and exact legal names before starting.
02

Define authority: Enter clear, specific powers and any exclusions.
03

Execute properly: Sign in presence of required witnesses or notary per state rules.
04

Distribute copies: Provide originals to institutions and keep certified copies for records.

Typical execution and routing workflow

This outlines the usual flow from drafting to an institution accepting the form as proof of authority.

Draft: Complete form fields and attach supporting ID documents.
Witness/Notary: Coordinate witness or notary session per jurisdiction.
Deliver to third parties: Send originals or certified copies to banks, registries, or counterparties.
Record retention: Store executed copies per retention policy and legal requirements.

Configuring an online signing workflow for the form

Set up fields and signer order to reflect required execution steps and authentication checks.

Field	Configuration
Principal signature	Require signature field + date; optional signer authentication (SMS or email).
Witness fields	Add witness name and signature fields; conditionally required when jurisdiction mandates them.
Notary block	Include a notary acknowledgement with fields for seal, commission, and date if notarization is needed.
Document routing	Set signer order: principal → witnesses → notary → agent (copy to institution).

Digital signing and platform considerations

Choose a platform that supports conditional fields, audit trails, and required signer authentication for legal acceptability.

File types: PDF, DOCX supported
Integrations: Connects with NetSuite, Salesforce, Google Workspace
Security: TLS in transit; AES-256 at rest

Common pitfalls to avoid when preparing the form

Using nicknames or initials instead of full legal names, which causes institutions to reject authority.
Leaving scope vague (e.g., 'handle affairs') instead of listing specific powers and limitations.
Skipping required witness or notary steps for the relevant state, creating unenforceable outcomes.
Failing to distribute certified copies to banks, title companies, or other relying parties after execution.

Consequences of an incorrectly completed form

Rejected by institution: Action not accepted

Financial loss: Unauthorized transfers risk

Legal dispute: Increased litigation likelihood

Invalid agent acts: Transactions voidable

Recordkeeping issues: Noncompliance fines

Delayed services: Critical payments or transfers stalled

Required identity and security information on the form

Principal ID: Government ID number or type

Agent ID: Agent driver’s license or passport

Contact details: Street address, phone, email

Notary details: Commission number and state

Witness names: Printed names and signatures

Audit trail: Timestamp, IP, and signing log

Key timing considerations and effective dates

Track execution timing carefully; effective and filing dates determine agent power and potential recording requirements.

Effective Date Selection:

Specify immediate, future, or conditional (e.g., upon incapacity) effect.

Notary Scheduling:

Schedule notarization before relying parties need authority.

Recording for Real Estate:

Record promptly if form grants property authority to ensure public notice.

Providing to Institutions:

Deliver originals or certified copies before transactions are attempted.

Revocation Notice:

Send revocation and updated records to third parties immediately upon termination.

eSignature product pricing snapshot to support form execution

Compare common pricing and capability items when selecting an eSignature provider for secure signing and notarization support.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies by plan	Varies by plan	Varies by plan	Varies by plan
Bulk Send	Yes	Yes	Yes	Yes	No
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Yes	Yes	No	No

Frequently asked questions about the General OPA Form

Answers to common practical questions about execution, e-signing, notarization, revocation, and storage for this form.

Need help? Contact support

Can this form be e-signed?
Yes. Under the ESIGN Act (15 U.S.C. ch. 96) and state UETA laws, electronic signatures are generally valid if intent, consent, attribution, and record retention requirements are met.
Is notarization always required?
Not always. Many states require notarization for certain powers (especially real estate), while others accept witnessed signatures; check state rules before execution.
Are remote online notarizations (RON) acceptable?
RON is permitted in most states with permanent RON laws, subject to identity-proofing and recording requirements; verify your state’s notary commission rules before relying on RON.
How do I revoke a General OPA Form?
Execute a written revocation, notify the agent and all third parties relying on the authority, and record the revocation where the original was recorded if property authority was involved.
What if a bank rejects the form?
Ask the bank for specific deficiencies, provide corrected notarized originals or institution-specific authorization forms, and consider counsel if refusal continues.
How should executed forms be stored?
Keep the original or certified copy; retain digital audit trails and signed PDFs in encrypted storage according to retention rules such as IRC §6501(a) and HIPAA where applicable.

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