59-6-5. Notice to agent or principal.
As against a principal both principal and agent are deemed to have notice of whatever either has notice of, and ought, in good faith and the exercise of ordinary care and diligence, to communicate to the other.
Source: CivC 1877, §1368; CL 1887, §3991; RCivC 1903, §1687; RC 1919, §1269; SDC 1939, §3.0305.
Structure South Dakota Codified Laws
Chapter 06 - Relationship Between Principal And Third Persons
Section 59-6-1 - Rights and liabilities accruing to principal.
Section 59-6-2 - Agent exceeding authority--Liability of principal.
Section 59-6-3 - Principal bound by acts of agent under ostensible authority.
Section 59-6-4 - Principal bound by agent's writings.
Section 59-6-5 - Notice to agent or principal.
Section 59-6-6 - Incomplete execution binding on principal.
Section 59-6-7 - Exclusive credit given to agent--Exoneration of principal.
Section 59-6-8 - Setoff by person dealing with agent without knowledge of agency.
Section 59-6-9 - Responsibility of principal for agent's negligence or omission.
Section 59-6-10 - Principal not responsible for unauthorized wrongs or omissions.
Section 59-6-11 - Durable Power of Attorney--Presumption--Liability--Exceptions.