South Dakota Statutes
§ 59-5-3 — Surrender to third person of property received for principal.
If an agent receives anything for the benefit of his principal, to the possession of which another person is entitled, he must, on demand, surrender it to such person, or so much of it as he has under his control at the time of demand, on being indemnified for any advance which he has made to his principal, in good faith, on account of the same; and is responsible therefor, if, after notice from the owner, he delivers it to his principal.
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South Dakota § 59-5-3 (Surrender to third person of property received for principal.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
CivC 1877, § 1378; CL 1887, § 4001; RCivC 1903, § 1697; RC 1919, § 1279; SDC 1939, § 3.0403.
Nearby Sections
15
§ 59-1-1
Agency defined.§ 59-1-2
Agents--General or special.§ 59-1-4
Actual agency.§ 59-1-5
Ostensible agency.§ 59-10-1
Short title.§ 59-10-10
Required form of contract.§ 59-10-11
Notice to educational institution.§ 59-10-12
Student-athlete's right to cancel.§ 59-10-13
Required records.§ 59-10-14
Prohibited conduct.§ 59-10-15
Criminal penalties.§ 59-10-16
Civil remedies.§ 59-10-17
Administrative penalty.