TITLE 30. TRADE AND COMMERCE

CHAPTER 11. SALES

Part 6. Factors

Ostensible Authority

30-11-607. Ostensible authority. A factor has ostensible authority to deal with the property of the principal as the factor's own in transactions with persons not having notice of the actual ownership.

History: En. Sec. 3172, Civ. C. 1895; re-en. Sec. 5465, Rev. C. 1907; re-en Sec. 7980, R.C.M. 1921; Cal. Civ. C. Sec. 2369; Field Civ. C. Sec. 1268; re-en. 7980, R.C.M. 1935; R.C.M. 1947, 2-407; amd. Sec. 939, Ch. 56, L. 2009.