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Wis. Stat. § 179.0205

Liability for inaccurate information in filed record

Known as the Wisconsin Uniform Limited Partnership Law

The act spans §§ 179–179 (129 sections).

2021 a. 258.

(1) If a record delivered to the department for filing under this chapter and filed by the department contains inaccurate information, a person that suffers loss by reliance on the information may recover damages for the loss from any of the following:

(a) A person that signed the record, or caused another to sign it on the person’s behalf, and knew the information to be inaccurate at the time the record was signed.

(b) A general partner if all of the following apply: 1. The record was delivered for filing on behalf of the partnership. 2. The general partner knew or had notice of the inaccuracy for a reasonably sufficient time before the information was relied upon so that, before the reliance, the general partner reasonably could have done any of the following: a. Effected an amendment under s. 179.0202. b. Filed a petition under s. 179.0204. c. Delivered to the department for filing a statement of change under s. 179.0118 or a statement of correction under s. 179.0209.

(2) An individual who signs a record authorized or required to be filed under this chapter affirms under penalty of perjury that the information stated in the record is accurate.

Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.