Creation by precedent authorization or subsequent ratification--Consideration unnecessary.

  1. Law
  2. South Dakota Codified Laws
  3. Agency
  4. Creation Of Agency
  5. Creation by precedent authorization or subsequent ratification--Consideration unnecessary.

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59-2-2. Creation by precedent authorization or subsequent ratification--Consideration unnecessary.

The agency and authority described in §59-2-1 may be created by precedent authorization or subsequent ratification, without consideration being necessary to make same binding upon the principal.

Source: CivC 1877, §§1346, 1347; CL 1887, §§3969, 3970; RCivC 1903, §§1665, 1666; RC 1919, §§1247, 1248; SDC 1939, §3.0104.


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