2021 South Dakota Codified Laws
Title 59 - Agency
Chapter 06 - Relationship Between Principal And Third Persons
Section 59-6-7 - Exclusive credit given to agent--Exoneration of principal.

Universal Citation: SD Codified L § 59-6-7 (2021)

59-6-7. Exclusive credit given to agent--Exoneration of principal.

If exclusive credit is given to an agent by the person dealing with him, his principal is exonerated by payment or other satisfaction made by him to his agent, in good faith, before receiving notice of the creditor's election to hold him responsible.

Source: CivC 1877, §1371; CL 1887, §3994; RCivC 1903, §1690; RC 1919, §1272; SDC 1939, §3.0307.

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