Statutes, codes, and regulations
South Dakota Codified Laws
Title 59 - AGENCY
Chapter 9 - FACTORS
Section 59-9-6 - Insurance of uninsured property consigned to factor

S.D. Codified Laws § 59-9-6

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Current through the 2024 Legislative Session
Section 59-9-6 - Insurance of uninsured property consigned to factor

In addition to the authority of agents in general, a factor has actual authority from his principal, unless specially restricted, to insure property consigned to him uninsured.

SDCL 59-9-6

CivC 1877, § 1388, subdiv 2; CL 1887, § 4011, subdiv 2; RCivC 1903, § 1707, subdiv 2; RC 1919, § 1293 (2); SDC 1939, § 3.0602 (2).