AB566,45 Section 45 . 178.0303 (1) (b) 2. of the statutes is amended to read:

AB566,37,6 178.0303 (1) (b) 2. If the partnership is not a limited liability partnership, the street and, mailing, and e-mail addresses of its principal office.

AB566,46 Section 46 . 178.0303 (1) (b) 3. of the statutes is amended to read:

AB566,37,10 178.0303 (1) (b) 3. If the partnership is a limited liability partnership, the street address of its registered office in this state and the name and e-mail address of its registered agent at that office.

AB566,47 Section 47 . 178.0303 (2) (b) of the statutes is amended to read:

AB566,37,13 178.0303 (2) (b) If the partnership is not a limited liability partnership, the street and, mailing, and e-mail addresses of the partnership's principal office.

AB566,48 Section 48 . 178.0303 (2) (c) of the statutes is amended to read:

AB566,37,17 178.0303 (2) (c) If the partnership is a limited liability partnership, the street address of its registered office in this state and the name and e-mail address of its registered agent at that office.

AB566,49 Section 49 . 178.0303 (2m) (a) 2. of the statutes is amended to read:

AB566,37,20 178.0303 (2m) (a) 2. If the partnership is not a limited liability partnership, the street and, mailing, and e-mail addresses of the partnership's principal office.

AB566,50 Section 50 . 178.0303 (2m) (a) 3. of the statutes is amended to read:

AB566,37,24 178.0303 (2m) (a) 3. If the partnership is a limited liability partnership, the street and mailing address of its registered office in this state and the name and e-mail address of its registered agent at that office.

AB566,51 Section 51 . 178.0401 (3) of the statutes is amended to read:

AB566,38,5 178.0401 (3) A partnership shall indemnify and hold harmless a person with respect to any claim or demand against the person and any debt, obligation, or other liability incurred by the person by reason of the person's former or present capacity as a partner, if the claim, demand, debt, obligation, or other liability does not arise from the person's breach of this section or s. 178.0406, 178.0407, or 178.0409.

AB566,52 Section 52 . 178.0401 (5) of the statutes is amended to read:

AB566,38,11 178.0401 (5) A partnership may purchase and maintain insurance on behalf of a partner against liability asserted against or incurred by the partner in that capacity or arising from that status even if, under s. 178.0105 (3) (g) (h), the partnership agreement could not eliminate or limit the person's liability to the partnership for the conduct giving rise to the liability.

AB566,53 Section 53 . 178.0401 (11m) of the statutes is created to read:

AB566,38,25 178.0401 (11m) Unless otherwise provided in the partnership agreement, any action that is to be voted on or consented to by some or all of the partners may be taken without a meeting of the partners entitled to vote or consent if all of such partners consent to the action. The consent shall be evidenced by one or more written consents describing the action, signed by each of such partners, and delivered to the partnership for inclusion in the partnership records. Unless otherwise provided in the partnership agreement, if a person, whether or not then a partner, so consenting as a partner directs, whether through instruction to an agent or otherwise, that such consent will be effective at a future time, including a time determined upon the happening of an event, then the person shall be deemed to have consented as a partner at this future time so long as the person is then a partner and did not revoke the consent prior to that time. Any such consent shall be revocable prior to its becoming effective.

AB566,54 Section 54. 178.0402 (2) (a) of the statutes is amended to read:

AB566,39,2 178.0402 (2) (a) As provided in the a partnership agreement.

AB566,55 Section 55 . 178.0405 (3) of the statutes is amended to read:

AB566,39,8 178.0405 (3) A person does not have a right to demand or receive a distribution from a partnership in any form other than money. Except as otherwise provided in s. 178.0806 (6), a partnership may distribute an asset in kind only if each part of the asset is fungible with each other part and each person receives a percentage of the asset equal in value to the person's share of distributions.

AB566,56 Section 56 . 178.0409 (3) of the statutes is amended to read:

AB566,39,13 178.0409 (3) The duty of care of a partner in the conduct or winding up of the partnership business is to refrain from engaging in grossly negligent or reckless conduct or in conduct for which relief or exoneration from liability is not permitted under s. 178.0105 (3) (h).

AB566,57 Section 57 . 178.0601 (4) (c) 2. of the statutes is amended to read:

AB566,39,18 178.0601 (4) (c) 2. The statement of dissolution or the equivalent has not been withdrawn, rescinded, or revoked, the person has not been reinstated, or the person's charter or the equivalent or right to conduct business has not been reinstated, within 90 days after the notification under subd. 1.

AB566,58 Section 58 . 178.0701 (5) of the statutes is amended to read:

AB566,39,24 178.0701 (5) If no agreement for the purchase of the interest of a person dissociated as a partner is reached within 120 days after a written demand for payment, the partnership shall pay, or cause to be paid, in money to the person the amount the partnership estimates to be the buyout price and accrued interest, reduced by any offsets and accrued interest under sub. (3).

AB566,59 Section 59 . 178.0701 (7) (d) of the statutes is amended to read: