Wisconsin § 178.0805 Liability after dissolution of partner and person dissociated as partner.

Wisconsin Statutes

§ 178.0805 — Liability after dissolution of partner and person dissociated as partner.

Wisconsin § 178.0805

Ch. 178Uniform partnership law

Subch.subch. VIII of ch. 178 SUBCHAPTER VIII

DISSOLUTION AND WINDING UP

This text of Wisconsin § 178.0805 (Liability after dissolution of partner and person dissociated as partner.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 178.0805 (2026).

Text

178.0805 178.0805(1) (1) If a partner having knowledge of the dissolution causes a partnership to incur an obligation under s. 178.0804 (1) by an act that is not appropriate for winding up the partnership business, the partner is liable to all of the following: 178.0805(1)(a) (a) The partnership, for any damage caused to the partnership arising from the obligation. 178.0805(1)(b) (b) If another partner or person dissociated as a partner is liable for the obligation, that other partner or person, for any damage caused to that other partner or person arising from the liability. 178.0805(2) (2) Except as otherwise provided in sub.

(3), if a person dissociated as a partner causes a partnership to incur an obligation under s. 178.0804 (2) , the person is liable to all of the following: 178.080

Free access — add to your briefcase to read the full text and ask questions with AI

178.0805
178.0805(1) (1) If a partner having knowledge of the dissolution causes a partnership to incur an obligation under s. 178.0804 (1) by an act that is not appropriate for winding up the partnership business, the partner is liable to all of the following:
178.0805(1)(a) (a) The partnership, for any damage caused to the partnership arising from the obligation.
178.0805(1)(b) (b) If another partner or person dissociated as a partner is liable for the obligation, that other partner or person, for any damage caused to that other partner or person arising from the liability.
178.0805(2) (2) Except as otherwise provided in sub. (3) , if a person dissociated as a partner causes a partnership to incur an obligation under s. 178.0804 (2) , the person is liable to all of the following:
178.0805(2)(a) (a) The partnership, for any damage caused to the partnership arising from the obligation.
178.0805(2)(b) (b) If a partner or another person dissociated as a partner is liable for the obligation, the partner or other person, for any damage caused to the partner or other person arising from the liability.
178.0805(3) (3) A person dissociated as a partner is not liable under sub. (2) if all of the following apply:
178.0805(3)(a) (a) Section 178.0802 (3) permits the person to participate in winding up.
178.0805(3)(b) (b) The act that causes the partnership to be bound under s. 178.0804 (2) is appropriate for winding up the partnership’s business.