178.03 Partnership defined. - Wisconsin Statutes

178.03

178.03 Partnership defined.

178.03(1)

(1) A partnership is an association of 2 or more persons to carry on as co-owners a business for profit. A partnership includes a registered limited liability partnership and a foreign registered limited liability partnership.

178.03(2)

(2) But any association formed under any other statute of this state, or any statute adopted by authority, other than the authority of this state, is not a partnership under this chapter, unless such association would have been a partnership in this state prior to the adoption of this chapter; but this chapter shall apply to limited partnerships except insofar as the statutes relating to such partnerships are inconsistent herewith.

178.03 - ANNOT.

History: 1993 a. 491; 1995 a. 97.