A member of a mining partnership shares in the profits and losses thereof in the proportion which the interest or share the member owns in the mine bears to the whole partnership capital or whole number of shares.
NRS 520.180
Sharing of profits and losses: Proportion
[3:155:1933; 1931 NCL § 5030.02]
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.