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18 GCA § 21202

Actual Authority of Factor

Guam Code AnnotatedTitle 18 — Business Structure and Function
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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 entrusted 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.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.