59-7-1. Acts constituting termination.

An agency is terminated as to every person having notice thereof in all cases by:

(1)    Expiration of its term;

(2)    Extinction of its subject;

(3)    Death of the agent;

(4)    Renunciation by the agent; or

(5)    Incapacity of the agent to act as such.

Source: CivC 1877, § 1383; CL 1887, § 4006; RCivC 1903, § 1702; RC 1919, § 1284; SDC 1939, § 3.0109 (1).