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Current as of January 01, 2024 | Updated by Findlaw Staff
A factor must obey instructions of the factor's principal to the same extent as any other employee, notwithstanding any advances the factor may have made to the principal upon the property consigned to the factor, except that if the principal forbids the factor to sell at the market price, the factor nevertheless may sell for the factor's reimbursement after giving to the factor's principal reasonable notice of the factor's intention to do so and of the time and place of sale, and proceeding in all respects as a pledgee.
Cite this article: FindLaw.com - North Dakota Century Code Title 3. Agency § 3-06-04. Must obey instructions--Exception - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-3-agency/nd-cent-code-sect-3-06-04/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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