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North Dakota Century Code Title 3. Agency § 3-06-01. Definition

Current as of January 01, 2024 | Updated by Findlaw Staff

A factor is an agent who, in the pursuit of an independent calling, is employed by another to buy or sell property in the factor's own name and is entrusted by the principal with the possession or control of the property or authorized to receive payment therefor from the purchaser.

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Cite this article: FindLaw.com - North Dakota Century Code Title 3. Agency § 3-06-01. Definition - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-3-agency/nd-cent-code-sect-3-06-01/

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