Section 8-2-6 Principal bound by agent's acts under ostensible authority. - Alabama Statutes

Section 8-2-6

Principal bound by agent's acts under ostensible authority.

A principal is bound by acts of his agent under a merely ostensible authority to those persons only who have in good faith and without want of ordinary care incurred a liability or parted with value upon the faith thereof.

(Code 1923, §9539; Code 1940, T. 9, §73.)