Idaho Code § 53-403

Current through the 2024 Regular Session

Section 53-403 - SHARING PROFITS AND LOSSES

A member of a mining partnership shares in the profits and losses thereof in the proportion which the interest or share he owns in the mine, bears to the whole partnership capital or whole number of shares.

Idaho Code § 53-403

[(53-403)R.S., sec. 3302; reen. R.C. & C.L., sec. 3363; C.S., sec. 5858; I.C.A., sec. 52-403.]