State Codes and Statutes

Statutes > South-dakota > Title-56 > Chapter-01 > Statute-56-1-8

56-1-8. Undertaking by factor to sell merchandise and guarantee sale--Writing unnecessary. A promise to answer for the obligation of another is deemed an original obligation of the promiser and need not be in writing where a factor undertakes, for a commission, to sell merchandise and guarantee the sale.

Source: SDC 1939, § 26.0105 (4).

State Codes and Statutes

Statutes > South-dakota > Title-56 > Chapter-01 > Statute-56-1-8

56-1-8. Undertaking by factor to sell merchandise and guarantee sale--Writing unnecessary. A promise to answer for the obligation of another is deemed an original obligation of the promiser and need not be in writing where a factor undertakes, for a commission, to sell merchandise and guarantee the sale.

Source: SDC 1939, § 26.0105 (4).