Wis. Stat. § 179.0401: Becoming general partner.
Where this section sits in the code
- Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations
- Chapter 179 Uniform Limited Partnership Law
- SUBCHAPTER IV GENERAL PARTNERS
(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.
Collected 2026-09-05T12:01:01Z. Source file · JSON