Wis. Stat. § 183.0304

Liability of members and managers

Known as the Wisconsin Uniform Limited Liability Company Law

The act spans §§ 183–183 (113 sections).

Applied in 8 court decisions — leading case 2006 WI App 39 - Brew City Redevelopment Group, LLC v. Ferchill Group (2006)

Most recently applied in Louis Pagoudis v. Marcus Keidl (April 2023)

2021 a. 258

How often courts cite this section

citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

(1) A debt, obligation, or other liability of a limited liability company is solely the debt, obligation, or other liability of the company. Except as provided in ss. 73.0306, 183.0403, and 183.0406, a member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the company solely by reason of being or acting as a UNIFORM LIMITED LIABILITY COMPANY LAW 183.040513 member or manager. This subsection applies regardless of the dissolution of the company.

(2) The failure of a limited liability company to observe formalities relating to the exercise of its powers or management of its activities and affairs is not a ground for imposing liability on a member or manager for a debt, obligation, or other liability of the company.

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