Statute · California Public Resources Code

Cal. Pub. Res. Code § 3942 — Mining Partnerships

Cal. Pub. Res. Code § 3942

Type
Statute
Source
California Public Resources Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

A member of a mining partnership shares in the profits and losses thereof in the proportion which the interest or share he or she owns in the mine bears to the whole partnership capital or whole number of shares.

Citator

Cal. Pub. Res. Code § 3942 — Mining Partnerships is in force in the current edition of the Code, and nothing recorded condemns it.

A member of a mining partnership shares in the profits and losses thereof in the proportion which the interest or share he or she owns in the mine bears to the whole partnership capital or whole number of shares.