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S.D. Codified Laws § 59-9-4

Factor cannot relieve himself from liability without principal's consent

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

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.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.