South Dakota § 59-8-1 Authority from seller.

South Dakota Statutes

§ 59-8-1 — Authority from seller.

South Dakota § 59-8-1

Title 59AGENCY

Ch. 59-8AUCTIONEERS

This text of South Dakota § 59-8-1 (Authority from seller.) 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 § 59-8-1 (2026).

Text

An auctioneer in the absence of special authorization or usage to the contrary, has authority from the seller, only as follows:

(1)To sell by public auction to the highest bidder;

(2)To sell for cash only, except such articles as are usually sold on credit at auction;

(3)To warrant in like manner with other agents to sell, the title, quality, and quantity of personal property;

(4)To prescribe reasonable rules and terms of sale;

(5)To deliver the thing sold, upon payment of the price;

(6)To collect the price; and (7) To do whatever else is necessary, or proper and usual, in the ordinary course of business, for effecting these purposes.

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An auctioneer in the absence of special authorization or usage to the contrary, has authority from the seller, only as follows: (1) To sell by public auction to the highest bidder; (2) To sell for cash only, except such articles as are usually sold on credit at auction; (3) To warrant in like manner with other agents to sell, the title, quality, and quantity of personal property; (4) To prescribe reasonable rules and terms of sale; (5) To deliver the thing sold, upon payment of the price; (6) To collect the price; and (7) To do whatever else is necessary, or proper and usual, in the ordinary course of business, for effecting these purposes.