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Wis. Stat. § 179.0302

No agency power of limited partner as limited partner

Known as the Wisconsin Uniform Limited Partnership Law

The act spans §§ 179.0101 to 179.1202 (129 sections).

2021 a. 258.

(1) A limited partner is not an agent of a limited partnership solely by reason of being a limited partner.

(2) A person’s status as a limited partner does not prevent or restrict law other than this chapter from imposing liability on a limited partnership because of the person’s conduct.

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