Del. C. » Title 6 — SUBTITLE II · Commerce and Trade · Subchapter XII. Miscellaneous Provisions
Delaware Code

6 Del. C. § 15-1206 (2026)

Applicability

✓ current as of May 2026
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(a) Before January 1, 2002, this chapter governs only a partnership formed:

(1) After the effective date of this chapter, except a partnership that is continuing the business of a dissolved partnership under 6 Del. C. § 1541; and

(2) Before the effective date of this chapter, that elects, as provided by subsection (c) of this section, to be governed by this chapter.

(b) On and after January 1, 2002, this chapter governs all partnerships.

(c) Before January 1, 2002, a partnership voluntarily may elect, in the manner provided in its partnership agreement or by law for amending the partnership agreement, to be governed by this chapter. The provisions of this chapter relating to the liability of the partnership’s partners to third parties apply to limit those partners’ liability to a third party who had done business with the partnership within 1 year before the partnership’s election to be governed by this chapter only if the third party knows or has received a notification of the partnership’s election to be governed by this chapter.

72 Del. Laws, c. 151, §  1; 
Notes of Decisions
Cited in 2 cases, 2009–2020 · leading case: Total Holdings USA, Inc. v. Curran Composites, Inc., 999 A.2d 873 (Del. Ch. 2009).
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Total Holdings USA, Inc. v. Curran Composites, Inc., 999 A.2d 873 (Del. Ch. 2009). · cites it 2× “6 Del. C. § 15-1206(b) (emphasis added). 14 .”
United States v. Sanofi Aventis U.S. LLC (Del. 2020). “In light of the UPA’s ambivalence on the nature of partnerships, the explicit statement provided by 41 The effective date of the DRUPA was January 1, 2000 for partnerships formed on or after that date, and was effective for all other partnerships on January 1, 2002, unless any…”
— 6 Del. C. § 15-1206(b) — 1 case
Total Holdings USA, Inc. v. Curran Composites, Inc., 999 A.2d 873 (Del. Ch. 2009). “6 Del. C. § 15-1206(b) (emphasis added). 14 .”
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