Current as of April 27, 2021 | Updated by FindLaw Staff
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An express agreement to become partners or to share the profits and losses of mining is not necessary to the formation and existence of a mining partnership. The relation arises from the ownership of shares or interests in the mine and working the same for the purpose of extracting the minerals therefrom.
Cite this article: FindLaw.com - Montana Title 35. Corporations, Partnerships, and Associations § 35-13-102. Express agreement not necessary to formation - last updated April 27, 2021 | https://codes.findlaw.com/mt/title-35-corporations-partnerships-and-associations/mt-code-ann-sect-35-13-102/
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