North Dakota Statutes
§ 3-06-01 — Definition
North Dakota § 3-06-01
This text of North Dakota § 3-06-01 (Definition) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.D. Cent. Code § 3-06-01 (2026).
Text
A factor is an agent who, in the pursuit of an independent calling, is employed by another to
buy or sell property in the factor's own name and is entrusted by the principal with the
possession or control of the property or authorized to receive payment therefor from the
purchaser.
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Nearby Sections
15
§ 3-01-01
Definition§ 3-01-02
General and special agent defined§ 3-01-03
Actual and ostensible agency defined§ 3-01-05
Authorization to agent§ 3-01-06
How agency created§ 3-01-07
No consideration necessary§ 3-01-09
Retroactive ratification limited§ 3-01-10
Rescission of ratification§ 3-01-11
Termination of agency§ 3-02-01
Acts done by or to agent§ 3-02-02
Actual or ostensible authority§ 3-02-03
Agent authority§ 3-02-04
Authority limited to specific termsCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 3-06-01, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/3-06-01.