AB566,61 Section 61 . 178.0804 (1) (intro.) of the statutes is amended to read:

AB566,41,3 178.0804 (1) (intro.) A partnership is bound by a partner's act with respect to a transaction with another person party after dissolution if any of the following applies:

AB566,62 Section 62 . 178.0806 (3) (a) of the statutes is amended to read:

AB566,41,10 178.0806 (3) (a) Each person that was a partner when the obligation was incurred and that has not been released from the obligation under s. 178.0703 (3) or (4) shall contribute to the partnership for the purpose of enabling the partnership to satisfy the obligation. The contribution due from each of those persons is in proportion to the right to receive distributions in the capacity of a partner in effect for each of those persons when the obligation was incurred.

AB566,63 Section 63 . 178.0806 (7) of the statutes is renumbered 178.0806 (6).

AB566,64 Section 64 . 178.0807 (2) (c) of the statutes is amended to read:

AB566,41,15 178.0807 (2) (c) State the deadline for receipt of a claim, which may not be less than 120 days after the date the notice is received by the claimant effective under s. 178.0103 (6).

AB566,65 Section 65 . 178.0807 (3) (b) 1. and 2. of the statutes are amended to read:

AB566,41,20 178.0807 (3) (b) 1. The partnership causes notifies the claimant to receive a notice in a record stating that the claim is rejected and will be barred unless the claimant commences an action against the partnership to enforce the claim within 90 days after the claimant receives the notice is effective under s. 178.0103 (6).

AB566,41,22 2. The claimant does not commence the required action within 90 days after the claimant receives the notice of rejection is effective under s. 178.0103 (6).

AB566,66 Section 66 . 178.0807 (4) of the statutes is amended to read:

AB566,42,2 178.0807 (4) This section does not apply to a claim based on an event occurring after the date of dissolution or a liability that on that date is contingent, or a liability for an additional assessment under s. 71.74 or for sales and use taxes determined as owing under s. 77.59.

AB566,67 Section 67 . 178.0808 (title) of the statutes is amended to read:

AB566,42,5 178.0808 (title) Other claims Claims against dissolved limited liability partnership generally.

AB566,68 Section 68 . 178.0808 (1) of the statutes is amended to read:

AB566,42,9 178.0808 (1) A dissolved limited liability partnership may publish notice of its dissolution and request persons having claims against the partnership , whether known or unknown, to present them in accordance with the notice.

AB566,69 Section 69 . 178.0808 (2) (a) of the statutes is amended to read:

AB566,42,15 178.0808 (2) (a) It must be published as a class 1 notice, under ch. 985, in a newspaper of general circulation in the county in this state in which the dissolved limited liability partnership's principal office is located or, if the principal office is not located in this state, in the county in which the office of the partnership's registered agent office is or was last located.

AB566,70 Section 70 . 178.0809 (1) of the statutes is amended to read:

AB566,42,25 178.0809 (1) A dissolved limited liability partnership that has published a notice under s. 178.0808 may file an application with the circuit court in the county in this state where the partnership's principal office is located or, if the principal office is not located in this state, where the office of its partnership's registered agent office is or was last located, for a determination of the amount and form of security to be provided for payment of claims that are contingent or are not known to the partnership or that are based on an event occurring after the effective date of dissolution but that, based on the facts known to the partnership, are reasonably expected to arise after the effective date of dissolution.

AB566,71 Section 71. 178.0901 (3) (c) of the statutes is amended to read:

AB566,43,3 178.0901 (3) (c) The street address of the partnership's registered office in this state and the name and e-mail address of its registered agent at that office.

AB566,72 Section 72 . 178.0902 (1) of the statutes is amended to read:

AB566,43,9 178.0902 (1) The name of a partnership that is not a limited liability partnership may not contain the phrase “Registered Limited Liability Partnership" or “Limited Liability Partnership" or the abbreviation “ R.L.L.P.," “L.L.P.," “RLLP," or “LLP." or a variation of these abbreviations that differs only with respect to capitalization of letters or punctuation.

AB566,73 Section 73 . 178.0902 (2) of the statutes is amended to read:

AB566,43,15 178.0902 (2) The name of a limited liability partnership must contain the phrase “Registered Limited Liability Partnership" or “Limited Liability Partnership" or the abbreviation “R.L.L.P.," “L.L.P.," “RLLP," or “LLP.” or a variation of these abbreviations that differs only with respect to capitalization of letters or punctuation.

AB566,74 Section 74 . 178.0902 (5) of the statutes is amended to read:

AB566,44,2 178.0902 (5) In determining whether a name is the same as or not distinguishable on the records of the department from the name of another person, words, phrases, or abbreviations indicating a type of entity, such as “corporation," “Corp.," “incorporated," “Inc.," “service corporation,” “SC,” “Limited," “Ltd.," “ limited partnership," “LP," “L.P.," “limited liability partnership," “LLP," “L.L.P.," “ limited liability limited partnership," “LLLP," “L.L.L.P.," “registered limited liability limited partnership," “RLLLP," “R.L.L.L.P.," “limited liability company," “LLC," “L.L.C.," “cooperative association," or “cooperative," or a variation of these abbreviations that differs only with respect to capitalization of letters or punctuation, may not be taken into account.

AB566,75 Section 75 . 178.09032 (5) of the statutes is amended to read: