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.
Structure South Dakota Codified Laws
Section 59-9-1 - Factor defined.
Section 59-9-2 - Obedience required of factor.
Section 59-9-3 - Liability under guaranty commission.
Section 59-9-4 - Factor cannot relieve himself from liability without principal's consent.
Section 59-9-5 - Actual authority to sell on credit, restrictions.
Section 59-9-6 - Insurance of uninsured property consigned to factor.
Section 59-9-7 - Delegation of authority to partner or servant.