53-401 When Mining Partnership Exists
53-402 Express Agreement Not Necessary
53-403 Sharing Profits and Losses
53-404 Lien of Partners and Creditors
53-405 Mine Partnership Property
53-406 Sale of Interest by Partner
53-407 Liability of Purchaser for Partners’ Liens for Debts and Advancements
53-408 Liability of Purchaser for Liens Resulting From Relation of Partners to Each Other
53-409 Members Cannot Bind Partnership
53-410 Majority of Shares Governs
53-411 Partnership Contracts May Be Recorded
53-412 Record Constructive Notice
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Terms Used In Idaho Code > Title 53 > Chapter 4 - Mining Partnership

  • Contract: A legal written agreement that becomes binding when signed.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Property: includes both real and personal property. See Idaho Code 73-114
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.