Wisconsin § 179.0804 Power to bind partnership after dissolution.

Wisconsin Statutes

§ 179.0804 — Power to bind partnership after dissolution.

Wisconsin § 179.0804

Ch. 179Uniform limited partnership law

Subch.subch. VIII of ch. 179 SUBCHAPTER VIII

DISSOLUTION AND WINDING UP

This text of Wisconsin § 179.0804 (Power to bind partnership after dissolution.) 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. § 179.0804 (2026).

Text

0804
0804(1) (1) A limited partnership is bound by a general partner’s act with respect to a transaction with another party after dissolution if any of the following applies:
0804(1)(a) (a) The act is appropriate for winding up the partnership’s activities and affairs, unless the partner did not have authority to act for the partnership in the particular matter and the party with which the partner was dealing knew or had notice that the partner lacked authority.
0804(1)(b) (b) The act would have bound the partnership under s. 179.0402 before dissolution if, at the time the other party enters into the transaction, the other party does not know or have notice of the dissolution.
0804(2) (2) A person dissociated as a general partner binds a limited partnership with respect

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179.0804
179.0804(1) (1) A limited partnership is bound by a general partner’s act with respect to a transaction with another party after dissolution if any of the following applies:
179.0804(1)(a) (a) The act is appropriate for winding up the partnership’s activities and affairs, unless the partner did not have authority to act for the partnership in the particular matter and the party with which the partner was dealing knew or had notice that the partner lacked authority.
179.0804(1)(b) (b) The act would have bound the partnership under s. 179.0402 before dissolution if, at the time the other party enters into the transaction, the other party does not know or have notice of the dissolution.
179.0804(2) (2) A person dissociated as a general partner binds a limited partnership with respect to a transaction with another party through an act occurring after dissolution if all of the following apply:
179.0804(2)(a) (a) At the time the other party enters into the transaction, less than 2 years has passed since the dissociation.
179.0804(2)(b) (b) At the time the other party enters into the transaction, the other party does not know or have notice of the dissociation and reasonably believes that the person is a general partner.
179.0804(2)(c) (c) The act is appropriate for winding up the partnership’s activities and affairs, or the act would have bound the partnership under s. 179.0402 before dissolution and at the time the other party enters into the transaction the other party does not know or have notice of the dissolution.