Factor cannot relieve himself from liability without principal's consent.

Checkout our iOS App for a better way to browser and research.

59-9-4. Factor cannot relieve himself from liability without principal's consent.

A factor who receives property for sale under a general agreement or usage to guarantee sales or the remittance of the proceeds, cannot relieve himself from responsibility therefor without consent of his principal.

Source: CivC 1877, §1172; CL 1887, §3795; RCivC 1903, §1491; RC 1919, §1292; SDC 1939, §3.0606.


Download our app to see the most-to-date content.