Montana § 30-11-606 Authority Of Factor

Montana Statutes

§ 30-11-606 — Authority Of Factor

Montana § 30-11-606

Title 30TRADE AND COMMERCE

Ch. 11SALES

Part 6Factors

This text of Montana § 30-11-606 (Authority Of Factor) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 30-11-606 (2026).

Text

30-11-606 . Authority of factor. In addition to the authority of agents in general, a factor has actual authority for the principal, unless specially restricted, to:

(1)insure property consigned to the factor uninsured;

(2)sell on credit anything entrusted to the factor for sale, except things that it is contrary to usage to sell on credit, but not to pledge, mortgage, or barter the things; and

(3)delegate the factor's authority to the factor's partner or servant but not to any person in an independent employment.

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30-11-606 . Authority of factor. In addition to the authority of agents in general, a factor has actual authority for the principal, unless specially restricted, to:
(1) insure property consigned to the factor uninsured;
(2) sell on credit anything entrusted to the factor for sale, except things that it is contrary to usage to sell on credit, but not to pledge, mortgage, or barter the things; and
(3) delegate the factor's authority to the factor's partner or servant but not to any person in an independent employment.

Legislative History

En. Sec. 3171, Civ. C. 1895; re-en. Sec. 5464, Rev. C. 1907; re-en Sec. 7979, R.C.M. 1921; Cal. Civ. C. Sec. 2368; Field Civ. C. Sec. 1267; re-en. 7979, R.C.M. 1935; R.C.M. 1947, 2-406; amd. Sec. 938, Ch. 56, L. 2009.