Statutes, codes, and regulations
South Dakota Codified Laws
Title 59 - AGENCY
Chapter 6 - RELATIONSHIP BETWEEN PRINCIPAL AND THIRD PERSONS
Section 59-6-3 - Principal bound by acts of agent under ostensible authority

S.D. Codified Laws § 59-6-3

Download
PDF
Current through the 2024 Legislative Session
Section 59-6-3 - Principal bound by acts of agent under ostensible authority

A principal is bound by acts of his agent under ostensible authority, to those persons only who have in good faith, and without negligence, incurred a liability or parted with value upon the faith thereof.

SDCL 59-6-3

CivC 1877, § 1370; CL 1887, § 3993; RCivC 1903, § 1689; RC 1919, § 1271; SDC 1939, § 3.0303.