SHARING PROFITS AND LOSSES.

1. Law
2. Idaho Code
3. PARTNERSHIP
4. MINING PARTNERSHIP
5. SHARING PROFITS AND LOSSES.

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.

History:

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

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