178.0402 Becoming partner.
(1) Upon formation of a partnership, a person becomes a partner under s. 178.0202 (1).
(2) After formation of a partnership, a person becomes a partner in any of the following ways:
(a) As provided in the partnership agreement.
(b) As a result of a transaction effective under subch. XI.
(c) With the affirmative vote or consent of all the partners.
(3) A person may become a partner without doing any of the following:
(a) Acquiring a transferable interest.
(b) Making or being obligated to make a contribution to the partnership.
History: 2015 a. 295.
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