South Dakota Statutes
§ 59-9-1 — Factor defined.
A factor is an agent, who, in the pursuit of an independent calling, is employed to buy or sell property in his own name, and is entrusted by his principal with the possession or control of the property, or authorized to receive payment therefor from the purchaser.
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Legislative History
CivC 1877, §§ 1168, 1387; CL 1887, §§ 3791, 4010; RCivC 1903, §§ 1487, 1706; RC 1919, § 1288; SDC 1939, § 3.0601.
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.