DE · SERVICE-AGMT · Updated July 2026 · Free
Delaware Service Agreement
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Delaware at a glance: Usury Cap: 5% over Federal Reserve discount rate · Governing Law: Delaware Common Law
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Overview
Service Agreements in Delaware
Delaware service agreements enjoy great contractual freedom. Dispute resolution clauses, liability caps, and late interest rates are highly enforceable.
Key Facts
Delaware Service Agreement — Quick Reference
| Requirement | Delaware Rule |
|---|---|
| Usury Cap | 5% over Federal Reserve discount rate |
| Governing Law | Delaware Common Law |
Legal Requirements
Delaware Legal Requirements
- Contracts should specify Delaware governing law and forum selection to utilize its specialized courts.
Governing Laws
Delaware Governing Laws
Read the full text of these laws at Cornell Law School's Delaware legal resources or your state legislature's official website.
Questions & Answers
Delaware Service Agreement — Frequently Asked Questions
Why choose Delaware governing law?
Delaware has a highly sophisticated body of contract and business law, providing stability for commercial agreements.