California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 6 — Service, Chapter 2 — Particular Employments, Article 3 — Factors, Section 2028
A factor may sell property consigned to him on such credit as is usual; but, having once agreed with the purchaser upon the term of credit, may not extend it.
Notes
Allows a factor to sell consigned property on the credit terms that are usual. Limits the factor’s authority once the factor and purchaser agree on the credit term by prohibiting any extension of that term after agreement, even though the initial sale may be made on usual credit.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 2028 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-6/chapter-2/article-3/section-2028