California Civil Code Section 2027
2027. A factor must obey the instructions of his principal to the same extent as any other employ , notwithstanding any advances he may have made to his principal upon the property consigned to him, except that if the principal forbids him to sell at the market price, he may, nevertheless, sell for his reimbursement, after giving to his principal reasonable notice of his intention to do so, and of the time and place of sale, and proceeding in all respects as a pledgee.
(Enacted 1872.)Section: Previous 2026 2027 2028 2029 2030 Next
Last modified: September 9, 2016