Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE46 MINES AND MINERALS |
CHAPTER520. Mining Corporations and Partnerships |
MINING PARTNERSHIPS |
NRS520.180. Sharing of profits and losses: Proportion.
Latest version.
- A member of a mining partnership shares in the profits and losses thereof in the proportion which the interest or share the member owns in the mine bears to the whole partnership capital or whole number of shares.
[3:155:1933; 1931 NCL § 5030.02]