South Dakota Codified Laws 59-6-1. Rights and liabilities accruing to principal
Current as of: 2023 | Check for updates
|
Other versions
All rights and liabilities which would accrue to an agent from transactions within the scope of his actual or ostensible authority if they had been entered into on his own account, accrue to the principal.
Terms Used In South Dakota Codified Laws 59-6-1
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Source: CivC 1877, § 1366; CL 1887, § 3989; RCivC 1903, § 1685; RC 1919, § 1267; SDC 1939, § 3.0301.
See Cal Civ Code, § 2330.