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

Wis. Stat. § 179.0106, under GENERAL PROVISIONS.

Wis. Stat. § 179.0106

179.0106 Partnership agreement; effect on limited partnership and person becoming partner; preformation agreement. (1) A limited partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the agreement. (2) A person that becomes a partner is deemed to assent to the partnership agreement. (3) Two or more persons intending to become the initial partners of a limited partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement. History: 2021 a. 258.