Wisconsin § 183.0108 - Nature, purpose, and duration of limited liability company.
Full text of Wisconsin Wisconsin Statutes § 183.0108 — Nature, purpose, and duration of limited liability company., with citation guidance and answers to common questions.
§ 183.0108. Nature, purpose, and duration of limited liability company.
183.0108(1) (1) A limited liability company is an entity distinct from its member or members. 183.0108(2) (2) A limited liability company may have any lawful purpose, regardless of whether for profit. A limited liability company engaging in a business that is subject to the provisions of another chapter may organize under this chapter only if not prohibited by, and is subject to all limitations of, the other chapter. 183.0108(3) (3) A limited liability company has perpetual duration. 183.0108(3m) (3m) An interest in a limited liability company may be a security, as specified in s. 551.102 (28) (e) . 183.0108 History History: 2021 a. 258 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 183.0108
What does Wisconsin Statutes § 183.0108 cover?
Section 183.0108 ("Nature, purpose, and duration of limited liability company.") 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 § 183.0108?
A common citation format is "Wisconsin Statutes § 183.0108" (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 § 183.0108 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.