Wisconsin § 179.0301 - Becoming limited partner.
Full text of Wisconsin Wisconsin Statutes § 179.0301 — Becoming limited partner., with citation guidance and answers to common questions.
§ 179.0301. Becoming limited partner.
179.0301(1) (1) Upon formation of a limited partnership, a person becomes a limited partner as agreed among the persons that are to be the initial partners. 179.0301(2) (2) After formation of a limited partnership, a person becomes a limited partner in any of the following ways: 179.0301(2)(a) (a) As provided in the partnership agreement. 179.0301(2)(b) (b) As the result of a transaction effective under subch. XI . 179.0301(2)(c) (c) With the affirmative vote or consent of all the partners. 179.0301(2)(d) (d) As provided in s. 179.0801 (1) (d) or (e) . 179.0301(3) (3) A person may become a limited partner without doing any of the following: 179.0301(3)(a) (a) Acquiring a transferable interest. 179.0301(3)(b) (b) Making or being obligated to make a contribution to the limited partnership. 179.0301 History History: 2021 a. 258 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 179.0301
What does Wisconsin Statutes § 179.0301 cover?
Section 179.0301 ("Becoming limited partner.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 179.0301?
A common citation format is "Wisconsin Statutes § 179.0301" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 179.0301 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.