Partnership agreement; effect on partnership and person becoming partner; preformation agreement.

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178.0106 Partnership agreement; effect on partnership and person becoming partner; preformation agreement.

(1) A partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the agreement.

(2) A person that becomes a partner is deemed to assent to the partnership agreement.

(3) Two or more persons intending to become the initial partners of a partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement.

History: 2015 a. 295.


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