Wisconsin Statutes 179.0809 – Liability of general partner and person dissociated as general partner when claim against limited partnership barred
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Terms Used In Wisconsin Statutes 179.0809
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
If a claim against a dissolved limited partnership is barred under s. 179.0806, 179.0807, or 179.0808, any corresponding claim under s. 179.0404 or 179.0607 is also barred.