Delaware Statutes
§ 15-408 — Remedies for breach of partnership agreement
Delaware § 15-408
JurisdictionDelaware
Title6
Ch. 15DELAWARE REVISED UNIFORM PARTNERSHIP ACT
Subch.Relations of Partners to Each Other and to Partnership
This text of Delaware § 15-408 (Remedies for breach of partnership agreement) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Del. Code tit. 6, § 15-408 (2026).
Text
A partnership agreement may provide that (i) a partner who fails to perform in accordance with, or to comply with the terms and conditions of, the partnership agreement shall be subject to specified penalties or specified consequences, and (ii) at the time or upon the happening of events specified in the partnership agreement, a partner shall be subject to specified penalties or specified consequences. Such specified penalties or specified consequences may include and take the form of any penalty or consequence set forth in § 15-207(b) of this title.
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Legislative History
72 Del. Laws, c. 151, § 1 ; 72 Del. Laws, c. 390, § 17 ; 73 Del. Laws, c. 85, § 11
Nearby Sections
15
§ 15-1002
Name§ 15-1003
Annual report§ 15-101
Definitions§ 15-102
Knowledge and notice§ 15-104
Supplemental principles of law§ 15-106
Governing law§ 15-108
Name of partnership§ 15-109
Reservation of name§ 15-110
IndemnificationCite This Page — Counsel Stack
Bluebook (online)
Delaware § 15-408, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/15-408.