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.
NRS 520.170
Express agreement unnecessary; origin of relationship
[2:155:1933; 1931 NCL § 5030.01]
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.