67-405. Supplemental principles of law.
86 words·~1 min read·
/ne/chapter-67/67-405A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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 .
Under the former law, if an obligation to pay interest arises and the rate is not specified, the rate is that specified in section 45-104.01. Robertson v. Jacobs Cattle Co., 285 Neb. 859, 830 N.W.2d 191 (2013).