Statutes, codes, and regulations
South Dakota Codified Laws
Title 59 - AGENCY
Chapter 9 - FACTORS
Section 59-9-4 - Factor cannot relieve himself from liability without principal's consent

S.D. Codified Laws § 59-9-4

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Current through the 2024 Legislative Session
Section 59-9-4 - Factor cannot relieve himself from liability without principal's consent

A factor who receives property for sale under a general agreement or usage to guarantee sales or the remittance of the proceeds, cannot relieve himself from responsibility therefor without consent of his principal.

SDCL 59-9-4

CivC 1877, § 1172; CL 1887, § 3795; RCivC 1903, § 1491; RC 1919, § 1292; SDC 1939, § 3.0606.