South Dakota Statutes
§ 59-9-2 — Obedience required of factor.
A factor must obey the instructions of his principal to the same extent as any other employee, notwithstanding any advances he may have made to his principal upon the property consigned to him, except that if the principal forbids him to sell at the market price, he may nevertheless sell for his reimbursement, after giving to his principal reasonable notice of his intention to do so, and of the time and place of sale, and proceeding in all respects as a pledgee.
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South Dakota § 59-9-2 (Obedience required of factor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
CivC 1877, § 1169; CL 1887, § 3792; RCivC 1903, § 1488; RC 1919, § 1289; SDC 1939, § 3.0604.
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.