State Codes and Statutes

Statutes > Idaho > Title53 > T53ch4 > T53ch4sect53-402

TITLE 53

PARTNERSHIP

CHAPTER 4

MINING PARTNERSHIP

53-402. Express agreement not necessary. An express agreement to become partners or to share the profits and losses of mining is not necessary to the formation or existence of a mining partnership. The relation arises from the ownership of shares or interest in the mine and working the same for the purpose of extracting the minerals therefrom.

State Codes and Statutes

Statutes > Idaho > Title53 > T53ch4 > T53ch4sect53-402

TITLE 53

PARTNERSHIP

CHAPTER 4

MINING PARTNERSHIP

53-402. Express agreement not necessary. An express agreement to become partners or to share the profits and losses of mining is not necessary to the formation or existence of a mining partnership. The relation arises from the ownership of shares or interest in the mine and working the same for the purpose of extracting the minerals therefrom.


State Codes and Statutes

State Codes and Statutes

Statutes > Idaho > Title53 > T53ch4 > T53ch4sect53-402

TITLE 53

PARTNERSHIP

CHAPTER 4

MINING PARTNERSHIP

53-402. Express agreement not necessary. An express agreement to become partners or to share the profits and losses of mining is not necessary to the formation or existence of a mining partnership. The relation arises from the ownership of shares or interest in the mine and working the same for the purpose of extracting the minerals therefrom.