Section 53-410 - MAJORITY OF SHARES GOVERNS.

ID Code § 53-410 (2019) (N/A)
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53-410. MAJORITY OF SHARES GOVERNS. The decision of the members, owning a majority of the shares or interests in a mining partnership, binds it in the conduct of its business.

History:

[(53-410) R.S., sec. 3309; reen. R.C. & C.L., sec. 3370; C.S., sec. 5865; I.C.A., sec. 52-410.]