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

Wisconsin Statutes

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

Wisconsin § 179.0805

Ch. 179Uniform limited partnership law

Subch.subch. VIII of ch. 179 SUBCHAPTER VIII

DISSOLUTION AND WINDING UP

This text of Wisconsin § 179.0805 (Liability after dissolution of general partner and person dissociated as general 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. § 179.0805 (2026).

Text

0805
0805(1) (1) If a general partner having knowledge of the dissolution causes a limited partnership to incur an obligation under s. 179.0804 (1) by an act that is not appropriate for winding up the partnership’s activities and affairs, the general partner is liable to all of the following:
0805(1)(a) (a) The partnership, for any damage caused to the partnership arising from the obligation.
0805(1)(b) (b) If another general partner or person dissociated as a general partner is liable for the obligation, that other general partner or person, for any damage caused to that other general partner or person arising from the liability.
0805(2) (2) If a person dissociated as a general partner causes a limited partnership to incur an obligation under s. 179.0804 (2) , the pers

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

179.0805
179.0805(1) (1) If a general partner having knowledge of the dissolution causes a limited partnership to incur an obligation under s. 179.0804 (1) by an act that is not appropriate for winding up the partnership’s activities and affairs, the general partner is liable to all of the following:
179.0805(1)(a) (a) The partnership, for any damage caused to the partnership arising from the obligation.
179.0805(1)(b) (b) If another general partner or person dissociated as a general partner is liable for the obligation, that other general partner or person, for any damage caused to that other general partner or person arising from the liability.
179.0805(2) (2) If a person dissociated as a general partner causes a limited partnership to incur an obligation under s. 179.0804 (2) , the person is liable to all of the following:
179.0805(2)(a) (a) The partnership, for any damage caused to the partnership arising from the obligation.
179.0805(2)(b) (b) If a general partner or another person dissociated as a general partner is liable for the obligation, the general partner or other person, for any damage caused to the general partner or other person arising from the obligation.