1. MCA Contents
  2. TITLE 35
  3. CHAPTER 13
  4. Part 2
  5. 35-13-202 Owners of majority interest govern

TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 13. MINING PARTNERSHIPS

Part 2. Relations Between Partners and with Third Persons

Owners Of Majority Interest Govern

35-13-202. Owners of majority interest govern. The decision of the members owning a majority of the shares or interest in a mining partnership binds it in the conduct of its business.

History: En. Sec. 3359, Civ. C. 1895; re-en. Sec. 5544, Rev. C. 1907; re-en. Sec. 8059, R.C.M. 1921; Cal. Civ. C. Sec. 2520; re-en. Sec. 8059, R.C.M. 1935; R.C.M. 1947, 63-1010.