Idaho Statutes
§ 53-406 — SALE OF INTEREST BY PARTNER
Idaho § 53-406
This text of Idaho § 53-406 (SALE OF INTEREST BY PARTNER) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Idaho Code § 53-406 (2026).
Text
One of the partners in a mining partnership may convey his interest in the mine and business without dissolving the partnership. The purchaser, from the date of his purchase, becomes a member of the partnership.
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Legislative History
[(53-406) R.S., sec. 3305; reen. R.C. & C.L., sec. 3366; C.S., sec. 5861; I.C.A., sec. 52-406.]
Nearby Sections
12
§ 53-401
WHEN MINING PARTNERSHIP EXISTS§ 53-402
EXPRESS AGREEMENT NOT NECESSARY§ 53-403
SHARING PROFITS AND LOSSES§ 53-404
LIEN OF PARTNERS AND CREDITORS§ 53-405
MINE PARTNERSHIP PROPERTY§ 53-406
SALE OF INTEREST BY PARTNER§ 53-409
MEMBERS CANNOT BIND PARTNERSHIP§ 53-410
MAJORITY OF SHARES GOVERNS§ 53-412
RECORD CONSTRUCTIVE NOTICECite This Page — Counsel Stack
Bluebook (online)
Idaho § 53-406, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/53-406.