Montana Statutes
§ 28-10-423 — Authority Of Agent To Sell To Receive Price
28-10-423 . Authority of agent to sell to receive price. A general agent to sell who is entrusted by the principal with the possession of the thing sold has authority to receive the price. A special agent to sell has authority to receive the price on delivery of the thing sold, but not afterwards.
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Legislative History
En. Secs. 3101, 3102, Civ. C. 1895; re-en. Secs. 5440, 5441, Rev. C. 1907; re-en. Secs. 7955, 7956, R.C.M. 1921; Cal. Civ. C. Secs. 2325, 2326; Field Civ. C. Secs. 1243, 1244; re-en. Secs. 7955, 7956, R.C.M. 1935; R.C.M. 1947, 2-132, 2-133.
Nearby Sections
15
§ 28-10-101
Definitions Of Agent And Agency§ 28-10-102
General Versus Special Agents§ 28-10-105
What Acts Agent May Perform§ 28-10-201
How Agency May Be Created§ 28-10-202
Consideration Unnecessary§ 28-10-203
When Written Authorization Necessary§ 28-10-204
Through 28-10-210 Reserved§ 28-10-211
How Agent's Act Ratified§ 28-10-213
Ratification Not To Prejudice Third Persons§ 28-10-214
When Ratification Void§ 28-10-215
When Ratification May Be Rescinded§ 28-10-301
Agent Not To Exceed Actual Authority