Statutes, codes, and regulations
Montana Code
Title 35 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONSChapter 13 - MINING PARTNERSHIPS
Part 2 - RELATIONS BETWEEN PARTNERS AND WITH THIRD PERSONS
Section 35-13-206 - Partnership not dissolved by sale of interest - purchaser becomes partner

Mont. Code § 35-13-206

Download
PDF
Current through the 2023 Regular Session
Section 35-13-206 - Partnership not dissolved by sale of interest - purchaser becomes partner

One of the partners in a mining partnership may convey the partner's interest in the mine and business without dissolving the partnership. The purchaser from the date of purchase becomes a member of the partnership.

§ 35-13-206, MCA

En. Sec. 3355, Civ. C. 1895; re-en. Sec. 5540, Rev. C. 1907; re-en. Sec. 8055, R.C.M. 1921; Cal. Civ. C. Sec. 2516; re-en. Sec. 8055, R.C.M. 1935; R.C.M. 1947, 63-1006; amd. Sec. 1317, Ch. 56, L. 2009.