Wis. Stat. § 179.0401

Current through Acts 2023-2024, ch. 272
Section 179.0401 - Becoming general partner
(1) Upon formation of a limited partnership, a person becomes a general partner as agreed among the persons that are to be the initial partners.
(2) After formation of a limited partnership, a person becomes a general partner in any of the following ways:
(a) As provided in the partnership agreement.
(b) As a 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) (c) 2
(3) A person may become a general partner without doing any of the following:
(a) Acquiring a transferable interest.
(b) Making or being obligated to make a contribution to the partnership.

Wis. Stat. § 179.0401

Amended by Acts 2021 ch, 258,s 143, eff. 4/17/2022.
Amended by Acts 2021 ch, 258,s 143, eff. 4/17/2022.