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2017 Montana Code Annotated
TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
CHAPTER 13. MINING PARTNERSHIPS
Part 2. Relations Between Partners and with Third Persons
35-13-206. Partnership not dissolved by sale of interest -- purchaser becomes partner
Universal Citation: MT Code § 35-13-206 (2017)
35-13-206. Partnership not dissolved by sale of interest -- purchaser becomes partner. One of the partners in a mining partnership may convey the partner's interest in the mine and business without dissolving the partnership. The purchaser from the date of purchase becomes a member of the partnership.
History: En. Sec. 3355, Civ. C. 1895; re-en. Sec. 5540, Rev. C. 1907; re-en. Sec. 8055, R.C.M. 1921; Cal. Civ. C. Sec. 2516; re-en. Sec. 8055, R.C.M. 1935; R.C.M. 1947, 63-1006; amd. Sec. 1317, Ch. 56, L. 2009.
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