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us-gu · Through P.L. 38-133 (June 4, 2026)

18 GCA § 21202: Actual Authority of Factor.

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Where this section sits in the code
  1. Title 18: Business Structure and Function
  2. Division 1 - Business Structure
  3. Part 3 - Agency
  4. Chapter 21: Particular Agencies
  5. ARTICLE 2: FACTORS

In addition to the authority of agents in general, a factor has actual authority from his principal, unless specially restricted:

1. To insure property consigned to him uninsured;

2. To sell, on credit, anything entrusted to him for sale, except such things as it is contrary to usage to sell on credit; but not to pledge, mortgage, or barter the same; and

3. To delegate his authority to his partner or servant but not to any person in an independent employment.

Collected 2026-09-27T03:54:58Z. Source file · JSON

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