Cal. Pub. Resources Code § 3942

Current through the 2023 Legislative Session.
Section 3942 - 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 or she owns in the mine bears to the whole partnership capital or whole number of shares.

Ca. Pub. Res. Code § 3942

Added by Stats. 1988, Ch. 259, Sec. 11.