Power to bind partnership after dissolution.
Liability after dissolution of partner and person dissociated as partner.
Disposition of assets in winding up; when contributions required.
Known claims against dissolved limited liability partnership.
Other claims against dissolved limited liability partnership.
Liability of partner and person dissociated as partner when claim against partnership barred.
LIMITED LIABILITY PARTNERSHIP
Statement of qualification.
Grounds for revocation.
Procedure for and effect of administrative revocation.
Reinstatement following administrative revocation.
Appeal from denial of reinstatement.
Reservation of name.
Registration of name.
Registered agent and registered office.
Change of registered agent or registered office by limited liability partnership.
Resignation of registered agent.
Change of name or address by registered agent.
Service of process, notice, or demand.
Annual report for department.
Registration to do business in this state.
Foreign registration statement.
Amendment or cancellation of foreign registration statement.
Activities not constituting doing business.
Noncomplying name of foreign limited liability partnership.
Withdrawal deemed on conversion to or merger into domestic filing entity or domestic limited liability partnership.
Withdrawal on dissolution or conversion to nonfiling entity other than limited liability partnership.
Transfer of registration.
Grounds for revocation.
Procedure for and effect of revocation.
Appeal from revocation.
Withdrawal of registration of registered foreign limited liability partnership.
Action by attorney general.
MERGER, INTEREST EXCHANGE,
CONVERSION, AND DOMESTICATION
Relationship of subchapter to other laws.
Reference to external facts.
Approval of merger; amendment; abandonment.
Filings required for merger; effective date.
Effect of merger.
Interest exchange authorized.
Plan of interest exchange.
Approval of interest exchange; amendment; abandonment.
Filings required for interest exchange; effective date.
Effect of interest exchange.
Plan of conversion.
Approval of conversion; amendment; abandonment.
Filings required for conversion; effective date.
Effect of conversion.
Plan of domestication.
Approval of domestication; amendment; abandonment.
Filings required for domestication; effective date.
Effect of domestication.
Restrictions on approval of mergers, interest exchanges, conversions and domestications.
Uniformity of application and construction.
Relation to electronic signatures in global and national commerce act.
This chapter may be cited as the “Wisconsin Uniform Partnership Law."
History: 2015 a. 295
In this chapter:
“Business" includes every trade, occupation, and profession.
“Contribution," except in the phrase “right of contribution," means property or a benefit described in s. 178.0403
which is provided by a person to a partnership to become a partner or in the person's capacity as a partner.
“Debtor in bankruptcy" means a person that is the subject of any of the following:
An order for relief under Title 11, USC, or a comparable order under a successor statute of general application.
A comparable order under federal, state, or foreign law governing insolvency.
“Department" means the department of financial institutions.
Except as provided in par. (b)
, “distribution" means a transfer of money or other property from a partnership to a person on account of a transferable interest or in the person's capacity as a partner. The term includes all of the following:
A redemption or other purchase by a partnership of a transferable interest.
A transfer to a partner in return for the partner's relinquishment of any right to participate as a partner in the management or conduct of the partnership's business or have access to records or other information concerning the partnership's business.