<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 59-12-16 - Agent's liability.</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2078747Normal { text-indent: 0.50in; text-align: justify; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2078747SENU { font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2078747CL { font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2078747DefaultParagraphFont { font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2078747StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2078747000000 { font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2078747NoIndent { text-indent: 0.00in; text-align: justify; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2078747DefaultParagraphFont-000001 { font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2078747SCL { font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2078747Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=59-12-16"><span class="s2078747SENU">59-12-16</span></a><span xml:space="preserve" class="s2078747SENU">. </span><span class="s2078747CL">Agent's liability.</span></p><p dir="ltr" class="s2078747Normal"><span class="s2078747DefaultParagraphFont">An agent that violates the provisions of this chapter is liable to the principal or the principal's successors in interest for the amount required to:</span></p><p dir="ltr" class="s2078747StatuteNumber1"><span class="s2078747DefaultParagraphFont">(1)    Restore the value of the principal's property to its value had the violation not occurred; and</span></p><p dir="ltr" class="s2078747StatuteNumber1"><span class="s2078747DefaultParagraphFont">(2)    Reimburse the principal or the principal's successors in interest for any attorney's fees and costs paid on the agent's behalf.</span></p><p dir="ltr" class="s2078747Normal"><span xml:space="preserve" class="s2078747000000"> </span></p><p dir="ltr" class="s2078747NoIndent"><span xml:space="preserve" class="s2078747DefaultParagraphFont-000001">Source: </span><span class="s2078747SCL">SL 2020, ch 214, § 16.</span></p></div></body></html>