A factor has ostensible authority to deal with the property of his principal as his own in transactions with persons not having notice of the actual ownership.
S.D. Codified Laws § 59-9-8
Ostensible authority
Source: CivC 1877, § 1389; CL 1887, § 4012; RCivC 1903, § 1708; RC 1919, § 1294; SDC 1939, § 3.0603.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.