Nevada Revised Statutes 520.210 – Transfer of interests of members: Operation and effect
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One of the partners in a mining partnership may convey his or her interest in the mine and business without dissolving the partnership. The purchaser, from the date of the purchase, becomes a member of the partnership.
Terms Used In Nevada Revised Statutes 520.210
- 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.