South Dakota Statutes

§ 59-5-3 — Surrender to third person of property received for principal.

South Dakota § 59-5-3
JurisdictionSouth Dakota
Title 59AGENCY
Ch. 59-5AGENT'S RESPONSIBILITY TO THIRD PERSONS

This text of South Dakota § 59-5-3 (Surrender to third person of property received for principal.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 59-5-3 (2026).

Text

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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Legislative History

CivC 1877, § 1378; CL 1887, § 4001; RCivC 1903, § 1697; RC 1919, § 1279; SDC 1939, § 3.0403.

Nearby Sections

15
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Bluebook (online)
South Dakota § 59-5-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/59-5-3.