A factor who receives property for sale, under a general agreement or usage to guarantee the sales or the remittance of the proceeds, cannot relieve himself from responsibiliy therefor without the consent of his principal.
Cal. Civ. Code § 2030
Factors
Applied in 1 court decision — leading case 81 Cal. App. 317 - National Bank of New Zealand, Ltd. v. Finn (1927)
Most recently applied in 81 Cal. App. 317 - National Bank of New Zealand, Ltd. v. Finn (February 1927)
Enacted 1872.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.