Wisconsin § 183.0401 - Becoming member.
Full text of Wisconsin Wisconsin Statutes § 183.0401 — Becoming member., with citation guidance and answers to common questions.
§ 183.0401. Becoming member.
183.0401(1) (1) If a limited liability company is to have only one member upon formation, the person becomes a member as agreed by that person and the organizer of the company. That person and the organizer may be, but need not be, different persons. If different, the organizer acts on behalf of the initial member. 183.0401(2) (2) If a limited liability company is to have more than one member upon formation, those persons become members as agreed by the persons before the formation of the company. The organizer acts on behalf of the persons in forming the company and may be, but need not be, one of the persons. 183.0401(3) (3) A person becomes an initial member of a limited liability company with the consent of a majority of the organizers. The organizers may consent to more than one person simultaneously becoming the company’s initial members. 183.0401(4) (4) After formation of a limited liability company, a person becomes a member in any of the following ways: 183.0401(4)(a) (a) As provided in the operating agreement. 183.0401(4)(b) (b) As the result of a transaction effective under subch. X . 183.0401(4)(c) (c) With the affirmative vote or consent of all the members. 183.0401(4)(d) (d) As provided in s. 183.0701 (1) (c) . 183.0401(4)(e) (e) As provided in s. 183.0503 (6) (c) . 183.0401(5) (5) A person may become a member without doing any of the following: 183.0401(5)(a) (a) Acquiring a transferable interest. 183.0401(5)(b) (b) Making or being obligated to make a contribution to the limited liability company. 183.0401 History History: 2021 a. 258 .
Frequently Asked Questions About Wisconsin § 183.0401
What does Wisconsin Statutes § 183.0401 cover?
Section 183.0401 ("Becoming member.") 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 § 183.0401?
A common citation format is "Wisconsin Statutes § 183.0401" (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 § 183.0401 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.