178.0410 Actions by partnership and partners.

WI Stat § 178.0410 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

178.0410 Actions by partnership and partners.

(1) A partnership may maintain an action against a partner for a breach of the partnership agreement, or for the violation of a duty to the partnership, causing harm to the partnership.

(2) A partner may maintain an action against the partnership or another partner, with or without an accounting as to partnership business, to enforce the partner's rights and protect the partner's interests, including rights and interests under the partnership agreement or this chapter or arising independently of the partnership relationship.

(3) A right to an accounting on dissolution and winding up does not revive a claim barred by law.

History: 2015 a. 295.