Nevada Revised Statutes
Chapter 520 - Mining Corporations and Partnerships
NRS 520.060 - Money expended or assumed indebtedness is lien against minority owner’s share; judgments and executions bind only defendant’s mining interest.


1. The amount of money expended or indebtedness assumed by such corporation or association as the proportion due from such joint tenant, tenant in common or coparcener for the actual and necessary working and development of the mining claim shall be a lien in favor of such corporation or association upon the interest of such joint tenant, tenant in common or coparcener in such mining claim from the time such money was expended or indebtedness assumed by such corporation or association.
2. The lien shall bind such interest from the time of such payment or assumption as against any subsequent purchaser, mortgagee or other person acquiring a lien upon, or title to, or interest in the same.
3. Suit may be instituted against the person owning or claiming such interest at the time of the commencement of the action for the recovery of the whole amount due upon such interest.
4. All judgments rendered in any action instituted under the provisions of NRS 520.010 to 520.070, inclusive, and any execution issued thereon, shall bind and run against such interest, and no other property of the defendant shall be subject to execution on the judgment.
[6:73:1865; B § 96; BH § 252; C § 268; RL § 2481; NCL § 4179]

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 520 - Mining Corporations and Partnerships

NRS 520.010 - Institution of action.

NRS 520.020 - Determination of minority owner’s proportion of money expended or assumed indebtedness.

NRS 520.030 - Notice of intention to institute action; joinder of defendants; judgment and costs.

NRS 520.040 - Specifications of summons.

NRS 520.050 - Venue; service of process; applicability of Nevada Rules of Civil Procedure.

NRS 520.060 - Money expended or assumed indebtedness is lien against minority owner’s share; judgments and executions bind only defendant’s mining interest.

NRS 520.070 - Sales of interests in mining claims under execution on judgment absolute; rights of purchasers.

NRS 520.110 - Right of stockholder to inspect company’s mines; issuance of order for inspection; duty of superintendent.

NRS 520.120 - Registration of stockholder with county clerk or justice of the peace; fee for registration and administering oath.

NRS 520.130 - Applicant to present stock certificates to county clerk or justice of the peace; oath of applicant.

NRS 520.140 - Order for admission to mine.

NRS 520.150 - Penalty for failure to comply with NRS 520.110.

NRS 520.160 - Requisites generally.

NRS 520.170 - Express agreement unnecessary; origin of relationship.

NRS 520.180 - Sharing of profits and losses: Proportion.

NRS 520.190 - Lien of members on property of partnership.

NRS 520.200 - Title to mining ground worked.

NRS 520.210 - Transfer of interests of members: Operation and effect.

NRS 520.220 - Liability of purchaser of interest in mining ground.

NRS 520.230 - Notice of existence of liens.

NRS 520.240 - Authority of member to bind partnership.

NRS 520.250 - Decision of majority is binding.

NRS 520.260 - Formation of partnership under chapter 87, 87A or 88 of NRS.