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Section 59-2-2 - Creation by precedent authorization or subsequent ratification--Considerationunnecessary.

59-2-2. Creation by precedent authorization or subsequent ratification--Consideration unnecessary. The agency and authority described in § 59-2-1 may be created by precedent authorization or subsequent ratification, without consideration being necessary to make same binding upon the principal.

Source: CivC 1877, §§ 1346, 1347; CL 1887, §§ 3969, 3970; RCivC 1903, §§ 1665, 1666; RC 1919, §§ 1247, 1248; SDC 1939, § 3.0104.

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