520.250 - Decision of majority is binding.

520.250  Decision of majority is binding.  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]

      NRS 520.260  Formation of partnership under chapter 87, 87A or 88 of NRS.  Nothing contained in NRS 520.160 to 520.250, inclusive, prevents persons described in NRS 520.160 from forming a partnership under chapter 87, 87A or 88 of NRS.

      [11:155:1933; 1931 NCL § 5030.10]—(NRS A 1985, 1296; 2007, 487)