The decision of the members owning a majority of the shares or interest in a mining partnership binds it in the conduct of its business.
[10:155:1933; 1931 NCL § 5030.09]
Structure Nevada Revised Statutes
Chapter 520 - Mining Corporations and Partnerships
NRS 520.010 - Institution of action.
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 520.140 - 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.