53-402. Express agreement not necessary.
52 words·~1 min read·
/id/title-53-partnership/chapter-4-mining-partnership/53-402·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An express agreement to become partners or to share the profits and losses of mining is not necessary to the formation or existence of a mining partnership. The relation arises from the ownership of shares or interest in the mine and working the same for the purpose of extracting the minerals therefrom.