<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 59-9-8 - Ostensible authority. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2077471Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2077471SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2077471CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2077471Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2077471DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2077471000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2077471SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2077471SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2077471Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=59-9-8"><span class="s2077471SENU">59-9-8</span></a><span xml:space="preserve" class="s2077471SENU">. </span><span class="s2077471CL">Ostensible authority.</span></p><p dir="ltr" class="s2077471Normal-000000"><span class="s2077471DefaultParagraphFont">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.</span></p><p dir="ltr" class="s2077471Normal"><span xml:space="preserve" class="s2077471000001"> </span></p><p dir="ltr" class="s2077471Normal"><span class="s2077471SCL">Source:</span><span xml:space="preserve" class="s2077471SCL-000002"> CivC 1877, § 1389; CL 1887, § 4012; RCivC 1903, § 1708; RC 1919, § 1294; SDC 1939, § 3.0603.</span></p></div></body></html>