520.170 - Express agreement unnecessary; origin of relationship.
520.170 Express agreement unnecessary; origin of relationship. An express agreement to become partners or to share the profits and losses of mining is not necessary to the formation or existence of a mining partnership. The relation arises from the ownership of shares or interests in the mine and working it for the purpose of extracting the minerals therefrom.
[2:155:1933; 1931 NCL § 5030.01]