Section 179.0301 - Becoming limited partner(1) Upon formation of a limited partnership, a person becomes a limited partner as agreed among the persons that are to be the initial partners.(2) After formation of a limited partnership, a person becomes a limited partner in any of the following ways: (a) As provided in the partnership agreement.(b) As the result of a transaction effective under subch. XI.(c) With the affirmative vote or consent of all the partners.(d) As provided in s. 179.0801 (1) (d) or (e).(3) A person may become a limited partner without doing any of the following:(a) Acquiring a transferable interest.(b) Making or being obligated to make a contribution to the limited partnership.Amended by Acts 2021 ch, 258,s 143, eff. 4/17/2022.Amended by Acts 2021 ch, 258,s 143, eff. 4/17/2022.