Wisconsin Statutes & Annotations
Chapter 179 - Uniform limited partnership law.
179.1141 - Conversion authorized.

179.1141 Conversion authorized.
(1) A domestic limited partnership may convert to another type of domestic entity, or to any type of foreign entity, pursuant to ss. 179.1141 to 179.1145 and a plan of conversion if the conversion is permitted under the governing law of the converting entity and the governing law that is to apply to the converted entity.
(2) A foreign or domestic entity, other than a domestic limited partnership, may convert to a domestic limited partnership pursuant to ss. 179.1141 to 179.1145 and a plan of conversion if the conversion is permitted under the governing law of the converting entity and the converted entity will satisfy the definition of a limited partnership under this chapter immediately after the conversion.
History: 2021 a. 258.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 179 - Uniform limited partnership law.

179.0101 - Short title.

179.0102 - Definitions.

179.0103 - Knowledge; notice.

179.0104 - Governing law.

179.0105 - Partnership agreement; scope, function, and limitations.

179.0106 - Partnership agreement; effect on limited partnership and person becoming partner; preformation agreement.

179.0107 - Partnership agreement; effect on 3rd parties and relationship to records effective on behalf of limited partnership.

179.0108 - Required information.

179.0109 - Dual capacity.

179.0110 - Nature, purpose, and duration of limited partnership.

179.0111 - Powers.

179.0112 - Applicability.

179.0113 - Supplemental principles of law.

179.0114 - Permitted names.

179.0115 - Reservation of name.

179.0116 - Registration of name.

179.0117 - Registered agent and registered office.

179.0118 - Change of registered agent or registered office by limited partnership.

179.0119 - Resignation of registered agent.

179.0120 - Change of name or address by registered agent.

179.0121 - Service of process, notice, or demand.

179.0122 - Delivery of record.

179.0124 - Filing fees; certified copies.

179.0201 - Formation of limited partnership; certificate of limited partnership.

179.0202 - Amendment or restatement of certificate of limited partnership.

179.0203 - Signing of records to be delivered for filing to the department.

179.0204 - Signing and filing pursuant to judicial order.

179.0205 - Liability for inaccurate information in filed record.

179.0206 - Filing requirements.

179.0207 - Effective date and time.

179.0208 - Withdrawal of filed record before effectiveness.

179.0209 - Correcting filed record.

179.0210 - Duty of department to file; review of refusal to file; delivery of record by department.

179.0211 - Certificate of status.

179.0212 - Annual report for department.

179.0301 - Becoming limited partner.

179.0302 - No agency power of limited partner as limited partner.

179.0303 - No liability as limited partner for limited partnership obligations.

179.0304 - Rights to information of limited partner and person dissociated as limited partner.

179.0305 - Limited duties of limited partners.

179.0306 - Person erroneously believing self to be limited partner.

179.0401 - Becoming general partner.

179.0402 - General partner agent of limited partnership.

179.04023 - Statement of partnership authority.

179.04025 - Statement of denial.

179.0403 - Limited partnership liable for general partner's actionable conduct.

179.0404 - General partner's liability.

179.0405 - Actions against partnership and partners.

179.0406 - Management rights of general partner.

179.0407 - Rights to information of general partner and person dissociated as general partner.

179.0408 - Reimbursement; indemnification; advancement; and insurance.

179.0409 - Standards of conduct for general partners.

179.0501 - Form of contribution.

179.0502 - Liability for contribution.

179.0503 - Sharing of and right to distributions before dissolution.

179.0504 - Limitations on distributions.

179.0505 - Liability for improper distributions.

179.0601 - Dissociation as limited partner.

179.0602 - Effect of dissociation as limited partner.

179.0603 - Dissociation as general partner.

179.0604 - Power to dissociate as general partner; wrongful dissociation.

179.0605 - Effect of dissociation as general partner.

179.0606 - Power to bind and liability of person dissociated as general partner.

179.0607 - Liability of person dissociated as general partner to other persons.

179.0701 - Nature of transferable interest.

179.0702 - Transfer of transferable interest.

179.0703 - Charging order.

179.0704 - Power of legal representative of deceased partner.

179.0801 - Events causing dissolution.

179.0802 - Winding up.

179.0803 - Rescinding dissolution.

179.0804 - Power to bind partnership after dissolution.

179.0805 - Liability after dissolution of general partner and person dissociated as general partner.

179.0806 - Known claims against dissolved limited partnership.

179.0807 - Claims against dissolved limited partnership generally.

179.0808 - Court proceedings.

179.0809 - Liability of general partner and person dissociated as general partner when claim against limited partnership barred.

179.0810 - Disposition of assets in winding up; when contributions required.

179.0811 - Administrative dissolution.

179.0812 - Reinstatement.

179.0813 - Appeal from denial of reinstatement.

179.0901 - Direct action by partner.

179.0902 - Derivative action.

179.0903 - Proper plaintiff.

179.0904 - Pleading.

179.0905 - Special litigation committee.

179.0906 - Proceeds and expenses.

179.1001 - Governing law.

179.1002 - Registration to do business in this state.

179.1003 - Foreign registration statement.

179.1004 - Amendment of foreign registration statement.

179.1005 - Activities not constituting doing business.

179.1006 - Noncomplying name of foreign limited partnership.

179.1007 - Withdrawal deemed on conversion to or merger into domestic filing entity or domestic limited liability partnership.

179.1008 - Withdrawal on dissolution or conversion to nonfiling entity other than limited liability partnership.

179.1009 - Transfer of registration.

179.10101 - Grounds for termination.

179.10102 - Procedure for and effect of termination.

179.10103 - Appeal from termination.

179.1011 - Withdrawal of registration of registered foreign limited partnership.

179.1012 - Action by attorney general.

179.1101 - Definitions.

179.1102 - Relationship of subchapter to other laws.

179.1103 - Existing purpose.

179.1104 - Nonexclusivity.

179.1105 - Reference to external facts.

179.1121 - Merger authorized.

179.1122 - Plan of merger.

179.1123 - Approval of merger; amendment; abandonment.

179.1124 - Filings required for merger; effective date.

179.1125 - Effect of merger.

179.1131 - Interest exchange authorized.

179.1132 - Plan of interest exchange.

179.1133 - Approval of interest exchange; amendment; abandonment.

179.1134 - Filings required for interest exchange; effective date.

179.1135 - Effect of interest exchange.

179.1141 - Conversion authorized.

179.1142 - Plan of conversion.

179.1143 - Approval of conversion; amendment; abandonment.

179.1144 - Filings required for conversion; effective date.

179.1145 - Effect of conversion.

179.1151 - Domestication authorized.

179.1152 - Plan of domestication.

179.1153 - Approval of domestication; amendment; abandonment.

179.1154 - Filings required for domestication; effective date.

179.1155 - Effect of domestication.

179.1161 - Restrictions on approval of mergers, interest exchanges, conversions, and domestications.

179.1201 - Uniformity of application and construction.

179.1202 - Relation to Electronic Signatures in Global and National Commerce Act.