2010 Wisconsin Code
Chapter 179. Uniform limited partnership act.
179.33 General partner powers and liabilities.

179.33

179.33 General partner powers and liabilities.

179.33(1)

(1) Except as provided in this chapter or in the partnership agreement, a general partner of a limited partnership has the rights and powers and is subject to the restrictions of a partner in a partnership without limited partners.

179.33(2)

(2)

179.33(2)(a)

(a) Except as provided in this chapter, a general partner of a limited partnership has the liabilities of a partner in a partnership without limited partners to persons other than the partnership and the other partners.

179.33(2)(b)

(b) Except as provided in this chapter or in the partnership agreement, a general partner of a limited partnership has the liabilities of a partner in a partnership without limited partners to the partnership and to the other partners.

179.33 - ANNOT.

History: 1983 a. 173.

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