California § 2368. 2368. (Enacted 1872.)

California Statutes

§ 2368. — 2368. (Enacted 1872.)

California·Code CIV Civil Code - CIV·Div. 3. DIVISION 3. OBLIGATIONS·Title 9.·Part 4. TITLE 9. AGENCY·Ch. 2. CHAPTER 2. Particular Agencies·Art. 2. ARTICLE 2. Factors

In addition to the authority of agents in general, a factor has actual authority from his principal, unless specially restricted:

1.To insure property consigned to him uninsured;

2.To sell, on credit, anything intrusted to him for sale, except such things as it is contrary to usage to sell on credit; but not to pledge, mortgage, or barter the same; and,

3.To delegate his authority to his partner or servant, but not to any person in an independent employment.

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In addition to the authority of agents in general, a factor has actual authority from his principal, unless specially restricted:
1.
To insure property consigned to him uninsured;
2.
To sell, on credit, anything intrusted to him for sale, except such things as it is contrary to usage to sell on credit; but not to pledge, mortgage, or barter the same; and,
3.
To delegate his authority to his partner or servant, but not to any person in an independent employment.

California § 2368. (2368. (Enacted 1872.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Enacted 1872.

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