Chapter 178

178.0120(2)(a)2. 2. Annual report of a foreign limited liability partnership, $65.

178.0120(2)(a)3. 3. Articles of merger, conversion, interest exchange, or domestication, $150.

178.0120(2)(a)4. 4. Domestic statement of qualification, $100.

178.0120(2)(a)5. 5. Foreign registration statement, $100.

178.0120(2)(a)6. 6. Foreign transfer of registration, $50.

178.0120(2)(a)7. 7. Reinstatement after revocation, $100.

178.0120(2)(a)8. 8. Renewal application, $40.

178.0120(2)(a)9. 9. Statement of amendment, cancellation, change, correction, denial, dissociation, dissolution, renewal, rescission, termination, or withdrawal, $40.

178.0120(2)(a)10. 10. Statement of partnership authority, $100.

178.0120(2)(a)11. 11. Amendment or statement of withdrawal of foreign registration statement, $40.

178.0120(2)(a)12. 12. Written application for reserved name or renewal of reserved name, $15.

178.0120(2)(a)13. 13. Notice of transfer of reserved or registered name, $10.

178.0120(2)(a)14. 14. Application for registered name or renewal of registered name, $50.

178.0120(2)(a)15. 15. Domestic or foreign limited liability partnership’s statement of change of registered office, $10.

178.0120(2)(a)16. 16. Agent’s statement of change of registered office, $10 for each affected domestic or foreign limited liability partnership, except if simultaneous filings are made, the fee is reduced to $1 for each affected domestic or foreign limited liability partnership in excess of 200.

178.0120(2)(a)17. 17. Agent’s statement of resignation, $10.

178.0120(2)(b) (b) In addition to the fees required under par. (a) or permitted under sub. (1), the department may collect the expedited service fee established under s. 182.01 (4) (d) for processing in an expeditious manner a record required or permitted to be filed with the department under this chapter or for preparing in an expeditious manner a certificate of status under s. 178.0121.

178.0120(2)(c) (c) The department may, by rule, specify a larger fee for filing records in paper format.

178.0120(3) (3) A certified copy of a record filed by the department is conclusive evidence that the original record is on file with the department.

178.0120(4) (4) A person may not sign a document with intent that it be delivered to the department for filing, or deliver a document or cause a document to be delivered to the department for filing, if the person knows that the document is false in any material respect at the time of its delivery. Whoever violates this subsection is guilty of a Class I felony.

178.0120 History History: 2015 a. 295; 2017 a. 59; 2021 a. 258.

178.0121 178.0121 Certificate of status.

178.0121(1) (1) Any person may obtain from the department, upon request, a certificate of status for a limited liability partnership or a foreign limited liability partnership.

178.0121(2) (2) A certificate of status shall include all of the following information:

178.0121(2)(a) (a) The domestic limited liability partnership’s partnership name or the foreign limited liability partnership’s partnership name and fictitious name, if any, used in this state.

178.0121(2)(b) (b) Whether each of the following is true:

178.0121(2)(b)1. 1. The domestic limited liability partnership is a limited liability partnership whose governing law is the law of this state, or the foreign limited liability partnership is authorized to transact business in this state.

178.0121(2)(b)2. 2. The domestic limited liability partnership or the foreign limited liability partnership has, during its most recently completed report year, filed with the department an annual report required by s. 178.0913.

178.0121(2)(b)3. 3. The domestic limited liability partnership has not filed a cancellation of its statement of qualification.

178.0121(2)(b)4. 4. The foreign limited liability partnership has not filed a statement of withdrawal of its registration statement under s. 178.1011 and, if not, the effective date of its registration statement.

178.0121(2)(c) (c) The domestic limited liability partnership’s effective date of its statement of qualification and the period of its duration if less than perpetual.

178.0121(3) (3) The certificate of status may include other facts of record in the department that are requested.

178.0121(4) (4) Subject to any qualification stated in a certificate of status issued by the department, the certificate is conclusive evidence that the limited liability partnership or the foreign limited liability partnership is in existence or is authorized to transact business in this state.

178.0121(5) (5) Upon request by telephone or otherwise, the department shall confirm, by telephone, any of the information required in a certificate of status under sub. (2) and may confirm any other information permitted under sub. (3).

178.0121 History History: 2015 a. 295; 2021 a. 258.

subch. II of ch. 178 SUBCHAPTER II

NATURE OF PARTNERSHIP

178.0201 178.0201 Partnership as entity.

178.0201(1) (1) A partnership is an entity distinct from its partners.

178.0201(2) (2) A partnership is the same entity regardless of whether the partnership has a statement of qualification in effect under s. 178.0901.

178.0201 History History: 2015 a. 295.

178.0202 178.0202 Formation of partnership.

178.0202(1) (1) Except as otherwise provided in sub. (2), the association of 2 or more persons to carry on, as co-owners, a business for profit forms a partnership, whether or not the persons intend to form a partnership.

178.0202(2) (2) An association whose governing law is other than the law of this state is not a partnership under this chapter.

178.0202(3) (3) In determining whether a partnership is formed, the following rules apply:

178.0202(3)(a) (a) Joint tenancy, tenancy in common, tenancy by the entireties, joint property, common property, or part ownership does not by itself establish a partnership, even if the co-owners share profits made by the use of the property.

178.0202(3)(b) (b) The sharing of gross returns does not by itself establish a partnership, even if the persons sharing them have a joint or common right or interest in property from which the returns are derived.

178.0202(3)(c) (c) A person who receives a share of the profits of a business is presumed to be a partner in the business, unless the profits were received in payment of or for any of the following:

178.0202(3)(c)1. 1. A debt by installments or otherwise.

178.0202(3)(c)2. 2. Services as an independent contractor or wages or other compensation to an employee.

178.0202(3)(c)3. 3. Rent.

178.0202(3)(c)4. 4. An annuity or other retirement or health benefit to a deceased or retired partner or a beneficiary, representative, or designee of a deceased or retired partner.

178.0202(3)(c)5. 5. Interest or other charge on a loan, even if the amount of payment varies with the profits of the business, including a direct or indirect present or future ownership of the collateral, or rights to income, proceeds, or increase in value derived from the collateral.

178.0202(3)(c)6. 6. The sale of the goodwill of a business or other property by installments or otherwise.

178.0202 History History: 2015 a. 295.

178.0203 178.0203 Partnership property. Property acquired by a partnership is property of the partnership and not of the partners individually.

178.0203 History History: 2015 a. 295.

178.0204 178.0204 When property is partnership property.

178.0204(1) (1) Property is partnership property if acquired in the name of any of the following:

178.0204(1)(a) (a) The partnership.

178.0204(1)(b) (b) One or more partners with an indication in the instrument transferring title to the property of the person’s capacity as a partner or of the existence of a partnership but without an indication of the name of the partnership.

178.0204(2) (2) Property is acquired in the name of the partnership by a transfer to any of the following:

178.0204(2)(a) (a) The partnership in its name.

178.0204(2)(b) (b) One or more partners in their capacity as partners in the partnership, if the name of the partnership is indicated in the instrument transferring title to the property.

178.0204(3) (3) Property is presumed to be partnership property if purchased with partnership assets, even if not acquired in the name of the partnership or of one or more partners with an indication in the instrument transferring title to the property of the person’s capacity as a partner or of the existence of a partnership.

178.0204(4) (4) Property acquired in the name of one or more of the partners, without an indication in the instrument transferring title to the property of the person’s capacity as a partner or of the existence of a partnership and without use of partnership assets, is presumed to be separate property, even if used for partnership purposes.

178.0204 History History: 2015 a. 295.

subch. III of ch. 178 SUBCHAPTER III

RELATIONS OF PARTNERS TO PERSONS
DEALING WITH PARTNERSHIP

178.0301 178.0301 Partner agent of partnership. Subject to the effect of a statement of partnership authority under s. 178.0303, the following rules apply:

178.0301(1) (1) Each partner is an agent of the partnership for the purpose of its business. An act of a partner, including the signing of a record, in the partnership’s name, for apparently carrying on in the ordinary course the partnership’s business or business of the kind carried on by the partnership binds the partnership, unless the partner did not have authority to act for the partnership in the particular matter and the person with which the partner was dealing knew or had notice that the partner lacked authority.

178.0301(2) (2) An act of a partner which is not apparently for carrying on in the ordinary course the partnership’s business or business of the kind carried on by the partnership binds the partnership only if the act was actually authorized by all the other partners.

178.0301 History History: 2015 a. 295; 2021 a. 258.

178.0302 178.0302 Transfer of partnership property.

178.0302(1) (1) Partnership property may be transferred as follows:

178.0302(1)(a) (a) Subject to the effect of a statement of partnership authority under s. 178.0303, partnership property held in the name of the partnership may be transferred by an instrument of transfer signed by a partner in the partnership name.

178.0302(1)(b) (b) Partnership property held in the name of one or more partners with an indication in the instrument transferring the property to them of their capacity as partners or of the existence of a partnership, but without an indication of the name of the partnership, may be transferred by an instrument of transfer signed by the persons in whose name the property is held.

178.0302(1)(c) (c) Partnership property held in the name of one or more persons other than the partnership, without an indication in the instrument transferring the property to them of their capacity as partners or of the existence of a partnership, may be transferred by an instrument of transfer signed by the persons in whose name the property is held.

178.0302(2) (2) A partnership may recover partnership property from a transferee, as a result of the lack of authority under this subchapter to make the transfer, only if the partnership proves that signing of the instrument of initial transfer did not bind the partnership under s. 178.0301 and if any of the following is true:

178.0302(2)(a) (a) As to a subsequent transferee who gave value for property transferred under sub. (1) (a) or (b), the partnership proves that the subsequent transferee knew or had been notified that the person who signed the instrument of initial transfer lacked authority to bind the partnership.

178.0302(2)(b) (b) As to a transferee who gave value for property transferred under sub. (1) (c), the partnership proves that the transferee knew or had been notified of all of the following:

178.0302(2)(b)1. 1. The property was partnership property.

178.0302(2)(b)2. 2. The person who signed the instrument of initial transfer lacked authority to bind the partnership.

178.0302(3) (3) A partnership may not recover partnership property from a subsequent transferee, for lack of authority under this subchapter to make the transfer, if the partnership would not have been entitled to recover the property under sub. (2) from any earlier transferee of the property.

178.0302(4) (4) If a person holds all of the partners’ interests in a partnership that is dissolved under subch. VIII, all the partnership property vests in that person. The person may sign a record in the name of the partnership to evidence vesting of the property in that person and may file or record the record.

178.0302 History History: 2015 a. 295.

178.0303 178.0303 Statement of partnership authority.

178.0303(1) (1) 

178.0303(1)(a) (a) A partnership may deliver to the department for filing a statement of partnership authority.