2017 Wisconsin Statutes & Annotations
Chapter 178. Uniform partnership law.
178.1131 Interest exchange authorized.

Universal Citation: WI Stat § 178.1131 (2017)

178.1131 Interest exchange authorized.

(1) A domestic partnership may acquire all of one or more classes or series of interests of another domestic or foreign entity pursuant to ss. 178.1131 to 178.1135 and a plan of interest exchange if the interest exchange is permitted under the governing law applicable to the partnership and the acquired entity.

(2) All of one or more classes or series of interests of a domestic partnership may be acquired by another domestic or foreign entity pursuant to ss. 178.1131 to 178.1135 and a plan of interest exchange if the interest exchange is permitted under the governing law applicable to the acquiring entity and the partnership.

History: 2015 a. 295.

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