Official Code of Georgia Annotated

Title 10. COMMERCE AND TRADE · Chapter 6. AGENCY · Article 4. RIGHTS AND LIABILITIES OF AGENT AS TO THIRD PERSONS

10-6-89. Contract for nonexisting principal void; right of action against purported agent.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

The contract of any person or corporation who purports as agent of a nonexisting principal to bind such nonexisting principal only shall be void. Any other party to such contract who is misled thereby to his injury shall have a right of action for damages against such purported agent individually.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1933, § 4-410, enacted by Ga. L. 1955, p. 346, § 1.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, page 1055; merge action: carried; file SHA-256 7afbade16da7.