Becoming general partner

Wis. Stat. § 179.0401
in effect
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(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.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/179.0401Fetched: 10/7/2026