Nebraska Revised Statutes

Neb. Rev. Stat. § 67-405 (2026)

Supplemental principles of law

✓ text as last checked Oct. 2026 (this copy records no edition or section history)
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(1) Unless displaced by particular provisions of the Uniform Partnership Act of 1998, the principles of law and equity supplement the act.

(2) If an obligation to pay interest arises under the act and the rate is not specified, the rate is that fixed pursuant to section 45-103.

Notes of Decisions
Cited in 2 cases, 2008–2013 · leading case: Robertson v. Jacobs Cattle Co., 830 N.W.2d 191 (Neb. 2013).
Robertson v. Jacobs Cattle Co., 830 N.W.2d 191 (Neb. 2013). “And § 67-405 provides that “[i]f an obliga- tion to pay interest arises under [the 1998 UPA] and the rate is not specified, the rate is that specified in section 45-104.”
Shoemaker v. Shoemaker, 745 N.W.2d 299 (Neb. 2008). “…[40] Brief for appellants at 34. [41] Unit Partnership Act (1997), supra note 10, comment 3 at 177. [42] Id. [43] See § 67-405.”
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