Nevada § 520.020 Determination of minority owner’s proportion of money expended or assumed indebtedness

Nevada Statutes

§ 520.020 — Determination of minority owner’s proportion of money expended or assumed indebtedness

Nevada § 520.020

Title 46MINES, MINERALS, OIL AND GAS

Ch. 520Mining

Actions Against Minority Owners for Expenditures

This text of Nevada § 520.020 (Determination of minority owner’s proportion of money expended or assumed indebtedness) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 520.020 (2026).

Text

The proportion of money expended or indebtedness assumed by such corporation or association, and for the payment of which such joint tenant, tenant in common or coparcener is made liable under the provisions of NRS 520.010 to 520.070, inclusive, shall be deemed such an amount of money or indebtedness as bears the same proportion to the whole amount of money expended or indebtedness assumed as the interest in the mining claim owned or claimed by such joint tenant, tenant in common or coparcener bears to the whole of the mining claim.

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The proportion of money expended or indebtedness assumed by such corporation or association, and for the payment of which such joint tenant, tenant in common or coparcener is made liable under the provisions of NRS 520.010 to 520.070, inclusive, shall be deemed such an amount of money or indebtedness as bears the same proportion to the whole amount of money expended or indebtedness assumed as the interest in the mining claim owned or claimed by such joint tenant, tenant in common or coparcener bears to the whole of the mining claim.