59-9-6. Insurance of uninsured property consigned to factor.In addition to the authority of agents in general, a factor has actual authority from his principal, unless specially restricted, to insure property consigned to him uninsured. Source: CivC 1877, §1388, subdiv 2; CL 1887, §4011, subdiv 2; RCivC 1903, §1707, subdiv 2; RC 1919, §1293 (2); SDC 1939, §3.0602 (2).
South Dakota Legal Code