Wisconsin Statutes 179.0201 – Formation of limited partnership; certificate of limited partnership
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Terms Used In Wisconsin Statutes 179.0201
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
- State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
(1) To form a limited partnership, a person must deliver a certificate of limited partnership to the department for filing.
(2) A certificate of limited partnership must state all of the following:
(a) The name of the limited partnership, which name satisfies s. 179.0114.
(b) The street and mailing addresses of the partnership’s principal office.
(c) The street address of the partnership’s registered office in this state and the name and e-mail address of its registered agent at that office.
(d) The name and street and mailing addresses of each general partner.
(e) Whether the limited partnership is a limited liability limited partnership.
(3) A certificate of limited partnership may contain statements as to matters other than those required by sub. (2), but may not vary or otherwise affect the provisions specified in s. 179.0105 (3) and (4) in a manner inconsistent with that section.
(4) A limited partnership is formed when all of the following occur:
(a) The certificate of limited partnership becomes effective.
(b) At least 2 persons have become partners.
(c) At least one person has become a general partner.
(d) At least one person has become a limited partner.