179.65 Power of estate of deceased or partner adjudicated incompetent. - Wisconsin Statutes

179.65

179.65 Power of estate of deceased or partner adjudicated incompetent. If a partner who is an individual dies or is adjudicated incompetent to manage his or her person or property, the partner's personal representative, guardian, conservator, or other legal representative may exercise all of the partner's rights for the purpose of settling his or her estate or administering his or her property, including any power the partner had to give an assignee the right to become a limited partner. If a partner is a corporation, limited liability company, trust, or other entity and is dissolved or terminated, the powers of that partner may be exercised by its legal representative or successor.

179.65 - ANNOT.

History: 1983 a. 173; 1993 a. 112; 2001 a. 102; 2005 a. 387.