Delaware Code
6 Del. C. § 15-203 (2026)
Partnership property
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Unless otherwise provided in a statement of partnership existence or a statement of qualification and in a partnership agreement, property acquired by a partnership is property of the partnership and not of the partners individually.
72 Del. Laws, c. 151, § 1; 72 Del. Laws, c. 390, § 13; 77 Del. Laws, c. 59, § 7;Notes of Decisions
Cited in 1
case, 2020–2020 · leading case: United States v. Sanofi Aventis U.S. LLC, 226 A.3d 1117 (Del. 2020).
United States v. Sanofi Aventis U.S. LLC, 226 A.3d 1117 (Del. 2020). “08); 6 Del C. §§ 15-203, 15-501. 23 1.03 gives primacy to the aggregate model by declaring that JKJ is not a separate legal entity distinct from its Partners, and it resolves any conflict by declaring that Section 1.”
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