Title 46

NRS 520.050 Venue; service of process; applicability of Nevada Rules of Civil Procedure. 1. All suits instituted under the provisions of NRS 520.010 to 520.070, inclusive, shall be brought in the county within which the mining claim is located. 2. Where the defendant is a nonresi…

NRS 520.060 Money expended or assumed indebtedness is lien against minority owner’s share; judgments and executions bind only defendant’s mining interest. 1. The amount of money expended or indebtedness assumed by such corporation or association as the proportion due from such jo…

NRS 520.070 Sales of interests in mining claims under execution on judgment absolute; rights of purchasers. All sales of any interest in a mining claim under an execution issued on a judgment obtained in any suit instituted under the provisions of NRS 520.010 to 520.070, inclusiv…

NRS 520.110 Right of stockholder to inspect company’s mines; issuance of order for inspection; duty of superintendent. 1. Any person who is the bona fide owner of stock shares representing the value of one-fifth of 1 percent of the original capital stock of any company incorporat…

NRS 520.120 Registration of stockholder with county clerk or justice of the peace; fee for registration and administering oath. 1. Each county clerk, or justice of the peace in each of the townships, shall keep in his or her office a suitable book for registration, in which he or…

NRS 520.130 Applicant to present stock certificates to county clerk or justice of the peace; oath of applicant. 1. Upon making application as provided in NRS 520.120 for the privilege of entering and examining any of the mining properties mentioned in NRS 520.110, the applicant m…

NRS 520.140 Order for admission to mine. Immediately upon complying with the provisions of NRS 520.130, the county clerk or justice of the peace shall furnish the applicant with a written order for admission to the mine and mining properties which the applicant may desire to exam…

NRS 520.150 Penalty for failure to comply with NRS 520.110. Any mining superintendent, mining foreman or mining secretary of any incorporated mining company in this state, acting under and for such mining company, who shall fail or refuse to comply with any of the conditions ment…

NRS 520.160 Requisites generally. A mining partnership exists when two or more persons who own or acquire a mining claim for the purpose of working it and extracting the mineral therefrom actually engage in working the claim. [1:155:1933; 1931 NCL § 5030]

NRS 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 inte…

NRS 520.180 Sharing of profits and losses: Proportion. 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. [3:155:1933…

NRS 520.190 Lien of members on property of partnership. Each member of a mining partnership has a lien on the partnership property for the debts due the creditors thereof, and for money advanced by the member for its use. [4:155:1933; 1931 NCL § 5030.03]

NRS 520.200 Title to mining ground worked. The mining ground owned and worked by partners in mining, whether purchased with partnership funds or not, is partnership property. [5:155:1933; 1931 NCL § 5030.04]

NRS 520.210 Transfer of interests of members: Operation and effect. One of the partners in a mining partnership may convey his or her interest in the mine and business without dissolving the partnership. The purchaser, from the date of the purchase, becomes a member of the partne…

NRS 520.220 Liability of purchaser of interest in mining ground. A purchaser of an interest in the mining ground of a mining partnership takes it subject to the liens existing in favor of the partners for debts due all creditors thereof, or advances made for the benefit of the pa…

NRS 520.230 Notice of existence of liens. A purchaser of the interest of a partner in a mine, when the partnership is engaged in working it, takes with notice of all liens resulting from the relation of the partners to each other and to the creditors of the partnership. [8:155:19…

NRS 520.240 Authority of member to bind partnership. No member of a mining partnership or other agent or manager thereof can, by a contract in writing, bind the partnership, except by express authority derived from the members thereof. [9:155:1933; 1931 NCL § 5030.08]

NRS 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,…