California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 9 — Agency, Chapter 2 — Particular Agencies, Article 2 — Factors, Section 2369

A factor has ostensible authority to deal with the property of his principal as his own, in transactions with persons not having notice of the actual ownership.

Notes

Allows a factor to exercise ostensible authority to deal with the principal’s property as though it were the factor’s own when dealing with persons who lack notice of the principal’s actual ownership. The authority applies only in transactions with persons without notice of that ownership.

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