Section 59-9-4 - Factor cannot relieve himself from liability without principal's consent. - South-dakota Statutes

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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.

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

State Codes and Statutes

Statutes > South-dakota > Title-59 > Chapter-09 > Statute-59-9-4

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.

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

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State Codes and Statutes

Statutes > South-dakota > Title-59 > Chapter-09 > Statute-59-9-4

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.

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