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2017 Wisconsin Statutes & Annotations
Chapter 179. Uniform limited partnership act.
179.51 Interim distributions.
Universal Citation: WI Stat § 179.51 (2017)
179.51 Interim distributions. Except as provided in this subchapter, a partner is entitled to receive distributions from a limited partnership before his or her withdrawal from the limited partnership and before its dissolution and winding up thereof:
(1) To the extent and at the times or upon the happening of the events specified in the partnership agreement; and
(2) If any distribution constitutes a return of any part of his or her contribution under s. 179.58 (2), to the extent and at the times or upon the happening of the events specified in provisions of a certificate of limited partnership that are in existence on April 28, 1990.
History: 1983 a. 173; 1989 a. 232.
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