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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The law of this state governs all of the following:
(a) The internal affairs of a limited liability company.
(b) The liability of a member as member and a manager as manager for a debt, obligation, or other liability of a limited liability company.
(2m) Except as otherwise provided in ss. 183.0404(1), 183.0407(2)(b), and 183.0707(2)(b), the fact that one or more of the members of a limited liability company are, or are not, subject to tax on the income of the limited liability company shall, of itself, not alter the governing law applicable under sub. (1).
(3m) The operating agreement may require, consistent with applicable jurisdictional requirements, that any or all claims involving the governing law applicable under sub. (1) shall be brought solely and exclusively in the courts of this state.
Cite this article: FindLaw.com - Wisconsin Statutes Corporations (Ch. 180 to 188) § 183.0104. Governing law - last updated January 01, 2025 | https://codes.findlaw.com/wi/corporations-ch-180-to-188/wi-st-183-0104/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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