35-13-207. Purchaser takes subject to liens -- exception for good faith purchaser. A purchaser of an interest in the mining ground of a mining partnership takes it subject to the liens existing in favor of the partners for debts due all creditors of the partnership or advances made for the benefit of the partnership unless the purchaser purchased in good faith for a valuable consideration without notice of the lien.
History: En. Sec. 3356, Civ. C. 1895; re-en. Sec. 5541, Rev. C. 1907; re-en. Sec. 8056, R.C.M. 1921; Cal. Civ. C. Sec. 2517; re-en. Sec. 8056, R.C.M. 1935; R.C.M. 1947, 63-1007; amd. Sec. 1318, Ch. 56, L. 2009.
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 13. Mining Partnerships
Part 2. Relations Between Partners and With Third Persons
35-13-201. When contract in writing is binding
35-13-202. Owners of majority interest govern
35-13-203. Mine -- partnership property
35-13-204. Profits and losses -- how shared
35-13-205. Lien of partner for debts due creditors
35-13-206. Partnership not dissolved by sale of interest -- purchaser becomes partner
35-13-207. Purchaser takes subject to liens -- exception for good faith purchaser