S.D. Codified Laws § 59-6-7

Current through the 2024 Legislative Session

Section 59-6-7 - Exclusive credit given to agent-Exoneration of principal

If exclusive credit is given to an agent by the person dealing with him, his principal is exonerated by payment or other satisfaction made by him to his agent, in good faith, before receiving notice of the creditor's election to hold him responsible.

SDCL 59-6-7

CivC 1877, § 1371; CL 1887, § 3994; RCivC 1903, § 1690; RC 1919, § 1272; SDC 1939, § 3.0307.