Wisconsin Statutes & Annotations
Chapter 178 - Uniform partnership law.
178.0901 - Statement of qualification.

178.0901 Statement of qualification.
(1) A domestic partnership may become a limited liability partnership pursuant to this section.
(2) The terms and conditions on which a domestic partnership becomes a limited liability partnership must be approved by the affirmative vote or consent necessary to amend the partnership agreement except, in the case of a partnership agreement that expressly addresses obligations to contribute to the partnership, the affirmative vote or consent necessary to amend those provisions.
(3) After the approval required by sub. (2), a partnership may become a limited liability partnership by delivering to the department for filing a statement of qualification. The statement must contain all of the following:
(a) The name of the partnership, which name satisfies s. 178.0902.
(b) The street and mailing addresses of the partnership's principal office and, if different, the street address of an office in this state, if any.
(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) A statement that the partnership elects to become a limited liability partnership.
(4) The partnership's status as a limited liability partnership begins when its statement of qualification becomes effective as provided in s. 178.0114 and remains effective, regardless of changes in the partnership, until it is canceled pursuant to sub. (6) or administratively revoked pursuant to ss. 178.09031 and 178.09032.
(5) The status of a partnership as a limited liability partnership and the protection against liability of its partners for the debts, obligations, or other liabilities of the partnership while it is a limited liability partnership is not affected by errors or later changes in the information required to be contained in the statement of qualification.
(5r) A partnership that becomes, or ceases to be, a limited liability partnership is for all purposes the same partnership that existed before such change in status and continues to be a partnership under this chapter.
(6) A limited liability partnership may amend or cancel its statement of qualification by delivering to the department for filing a statement of amendment or cancellation. A statement of cancellation must be approved by the affirmative vote or consent of all the partners. A statement of amendment or cancellation shall state the name of the limited liability partnership and also state the following:
(a) In the case of an amendment, the text of the amendment.
(b) In the case of a cancellation, that the statement of qualification is canceled.
History: 2015 a. 295; 2021 a. 258.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 178 - Uniform partnership law.

178.0101 - Short title.

178.0102 - Definitions.

178.0103 - Knowledge; notice.

178.0104 - Governing law.

178.0105 - Partnership agreement; scope, function, and limitations.

178.0106 - Partnership agreement; effect on partnership and person becoming partner; preformation agreement.

178.0107 - Partnership agreement; effect on third parties and relationship to records effective on behalf of partnership.

178.0108 - Signing of records to be delivered for filing to the department.

178.0109 - Liability for inaccurate information in filed record.

178.0110 - Applicability.

178.0111 - Delivery of record.

178.0112 - Signing and filing pursuant to judicial order.

178.0113 - Filing requirements.

178.0114 - Effective date and time.

178.0115 - Withdrawal of filed record before effectiveness.

178.0116 - Correcting filed record.

178.0117 - Duty of department to file; review of refusal to file; delivery of record by department.

178.0119 - Supplemental principles of law.

178.0120 - Fees; certified copies; filing false documents.

178.0121 - Certificate of status.

178.0201 - Partnership as entity.

178.0202 - Formation of partnership.

178.0203 - Partnership property.

178.0204 - When property is partnership property.

178.0301 - Partner agent of partnership.

178.0302 - Transfer of partnership property.

178.0303 - Statement of partnership authority.

178.0304 - Statement of denial.

178.0305 - Partnership liable for partner's actionable conduct.

178.0306 - Partner's liability.

178.0307 - Actions by and against partnership and partners.

178.0308 - Liability of purported partner.

178.0401 - Partner's rights and duties.

178.0402 - Becoming partner.

178.0403 - Form of contribution.

178.0404 - Liability for contribution.

178.0405 - Sharing of and right to distributions before dissolution.

178.0406 - Limitations on distributions by limited liability partnership.

178.0407 - Liability for improper distributions by limited liability partnership.

178.0408 - Rights to information of partners and persons dissociated as partner.

178.0409 - Standards of conduct for partners.

178.0410 - Actions by partnership and partners.

178.0411 - Continuation of partnership beyond definite term or particular undertaking.

178.0501 - Partner not co-owner of partnership property.

178.0502 - Nature of transferable interest.

178.0503 - Transfer of transferable interest.

178.0504 - Charging order.

178.0505 - Power of legal representative of deceased partner.

178.0601 - Events causing dissociation.

178.0602 - Power to dissociate as partner; wrongful dissociation.

178.0603 - Effect of dissociation.

178.0701 - Purchase of interest of person dissociated as partner.

178.0702 - Power to bind and liability of person dissociated as partner.

178.0703 - Liability of person dissociated as partner to other persons.

178.0704 - Statement of dissociation.

178.0705 - Continued use of partnership name.

178.0801 - Events causing dissolution.

178.0802 - Winding up.

178.0803 - Rescinding dissolution.

178.0804 - Power to bind partnership after dissolution.

178.0805 - Liability after dissolution of partner and person dissociated as partner.

178.0806 - Disposition of assets in winding up; when contributions required.

178.0807 - Known claims against dissolved limited liability partnership.

178.0808 - Claims against dissolved limited liability partnership generally.

178.0809 - Court proceedings.

178.0810 - Liability of partner and person dissociated as partner when claim against partnership barred.

178.0901 - Statement of qualification.

178.0902 - Permitted names.

178.09031 - Grounds for revocation.

178.09032 - Procedure for and effect of administrative revocation.

178.0904 - Reinstatement following administrative revocation.

178.0905 - Appeal from denial of reinstatement.

178.0906 - Reservation of name.

178.0907 - Registration of name.

178.0908 - Registered agent and registered office.

178.0909 - Change of registered agent or registered office by limited liability partnership.

178.0910 - Resignation of registered agent.

178.0911 - Change of name or address by registered agent.

178.0912 - Service of process, notice, or demand.

178.0913 - Annual report for department.

178.1001 - Governing law.

178.1002 - Registration to do business in this state.

178.1003 - Foreign registration statement.

178.1004 - Amendment of foreign registration statement.

178.1005 - Activities not constituting doing business.

178.1006 - Noncomplying name of foreign limited liability partnership.

178.1007 - Withdrawal deemed on conversion to or merger into domestic filing entity or domestic limited liability partnership.

178.1008 - Withdrawal on dissolution or conversion to nonfiling entity other than limited liability partnership.

178.1009 - Transfer of registration.

178.10101 - Grounds for revocation.

178.10102 - Procedure for and effect of revocation.

178.10103 - Appeal from revocation.

178.1011 - Withdrawal of registration of registered foreign limited liability partnership.

178.1012 - Action by attorney general.

178.1101 - Definitions.

178.1102 - Relationship of subchapter to other laws.

178.1103 - Existing purpose.

178.1104 - Nonexclusivity.

178.1105 - Reference to external facts.

178.1121 - Merger authorized.

178.1122 - Plan of merger.

178.1123 - Approval of merger; amendment; abandonment.

178.1124 - Filings required for merger; effective date.

178.1125 - Effect of merger.

178.1131 - Interest exchange authorized.

178.1132 - Plan of interest exchange.

178.1133 - Approval of interest exchange; amendment; abandonment.

178.1134 - Filings required for interest exchange; effective date.

178.1135 - Effect of interest exchange.

178.1141 - Conversion authorized.

178.1142 - Plan of conversion.

178.1143 - Approval of conversion; amendment; abandonment.

178.1144 - Filings required for conversion; effective date.

178.1145 - Effect of conversion.

178.1151 - Domestication authorized.

178.1152 - Plan of domestication.

178.1153 - Approval of domestication; amendment; abandonment.

178.1154 - Filings required for domestication; effective date.

178.1161 - Restrictions on approval of mergers, interest exchanges, conversions and domestications.

178.1201 - Uniformity of application and construction.

178.1202 - Relation to electronic signatures in global and national commerce act.