Montana Code 82-11-216. No creation of relationship between parties in unit
Current as of: 2023 | Check for updates
|
Other versions
82-11-216. No creation of relationship between parties in unit. The formation of such a unit as herein provided will not create a relationship between the parties thereto which shall be deemed to be or constitute a joint endeavor, adventure, undertaking, association, or mining or other partnership.
Terms Used In Montana Code 82-11-216
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.