Limitations on Auctioneer’s Authority from Seller – South Dakota

South Dakota Codified Laws
Title 59. Agency
Chapter 59-8. Auctioneers

59-8-1. Authority from seller

An auctioneer in the absence of special authorization or usage to the contrary, has authority from the seller, only as follows:
(1) To sell by public auction to the highest bidder;
(2) To sell for cash only, except such articles as are usually sold on credit at auction;
(3) To warrant in like manner with other agents to sell, the title, quality, and quantity of personal property;
(4) To prescribe reasonable rules and terms of sale;
(5) To deliver the thing sold, upon payment of the price;
(6) To collect the price; and
(7) To do whatever else is necessary, or proper and usual, in the ordinary course of business, for effecting these purposes.

Cite as S.D. Codified Laws § 59-8-1

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