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DIVISION 3. OBLIGATIONS 1427-3272.9›PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS 1738-3273›TITLE 9. AGENCY 2295-2400›CHAPTER 2. Particular Agencies 2362-2400›ARTICLE 2. Factors 2367-2369

§ 2368

California Civil Code · 2018-11 edition · updated 2026-10-04 · California

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 intrusted 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.

(Enacted 1872.)

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