South Dakota Statutes

§ 59-6-7 — Exclusive credit given to agent--Exoneration of principal.

South Dakota·Title 59 AGENCY·Ch. 59-5 RELATIONSHIP BETWEEN PRINCIPAL AND THIRD PERSONS
If exclusive credit is given to an agent by the person dealing with him, his principal is exonerated by payment or other satisfaction made by him to his agent, in good faith, before receiving notice of the creditor's election to hold him responsible.

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South Dakota § 59-6-7 (Exclusive credit given to agent--Exoneration of principal.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

CivC 1877, § 1371; CL 1887, § 3994; RCivC 1903, § 1690; RC 1919, § 1272; SDC 1939, § 3.0307.

Nearby Sections

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