Delaware Statutes
§ 15-104 — Supplemental principles of law
(a)In any case not provided for in this chapter, the rules of law and equity, including the law merchant, shall govern.
(b)No obligation of a partner to a partnership, or to a partner of a partnership, arising under a partnership agreement or a separate agreement or writing, and no note, instruction or other writing evidencing any such obligation of a partner, shall be subject to the defense of usury, and no partner shall interpose the defense of usury with respect to any such obligation in any action. If an obligation to pay interest arises under this chapter and the rate is not specified, the rate is that specified in § 2301 of this title.
(c)Sections 9-406 and 9-408 of this title do not apply to any interest in a domestic partnership, including all rights, powers and interests aris
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Legislative History
72 Del. Laws, c. 151, § 1 ; 72 Del. Laws, c. 390, § 4 ; 73 Del. Laws, c. 223, § 1 ; 78 Del. Laws, c. 271, § 1
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
Indemnification