South Dakota Statutes
§ 59-9-5 — Actual authority to sell on credit, restrictions.
South Dakota § 59-9-5
This text of South Dakota § 59-9-5 (Actual authority to sell on credit, restrictions.) 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 § 59-9-5 (2026).
Text
In addition to the authority of agents in general, a factor has actual authority from his principal unless specially restricted to sell on such credit as is usual anything entrusted to him for sale excepting such things as it is contrary to usage to sell on credit, but having once agreed with the purchaser upon the terms of credit, the factor may not extend it, nor may he pledge, mortgage, or barter property entrusted to him for sale.
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Legislative History
CivC 1877, §§ 1170, 1388; CL 1887, §§ 3793, 4011; RCivC 1903, §§ 1489, 1707; RC 1919, §§ 1290, 1293; SDC 1939, § 3.0602 (1).
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.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 59-9-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/59-9-5.