Owners of majority interest govern

  1. Law
  2. Montana Code Annotated
  3. Corporations, Partnerships, and Associations
  4. Mining Partnerships
  5. Relations Between Partners and With Third Persons
  6. Owners of majority interest govern

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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.


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