Section 53-405 – MINE PARTNERSHIP PROPERTY.
53-405. MINE PARTNERSHIP PROPERTY. The mining ground owned and worked by partners in mining, whether purchased with partnership funds or not, is partnership property. History: [(53-405) R.S., sec. 3304; reen. R.C. & C.L., sec. 3365; C.S., sec. 5860; I.C.A., sec. 52-405.]
Section 53-406 – SALE OF INTEREST BY PARTNER.
53-406. SALE OF INTEREST BY PARTNER. One of the partners in a mining partnership may convey his interest in the mine and business without dissolving the partnership. The purchaser, from the date of his purchase, becomes a member of the partnership. History: [(53-406) R.S., sec. 3305; reen. R.C. & C.L., sec. 3366; C.S., sec. 5861; […]