179.0401 Becoming general partner. (1) Upon formation of a limited partnership, a person becomes a general partner as agreed among the persons that are to be the initial partners.(2) After formation of a limited partnership, a person becomes a general partner in any of the following ways:(a) As provided in the partnership agreement.(b) As a result of a transaction effective under subch. XI.(c) With the affirmative vote or consent of all the partners.(d) As provided in s. 179.0801 (1) (c) 2.(3) A person may become a general partner without doing any of the following:(a) Acquiring a transferable interest.(b) Making or being obligated to make a contribution to the partnership.History: 2021 a. 258.
Wisconsin Legal Code