Section 59-3-11 - Exceptions to general authority--Forbidden acts.

59-3-11. Exceptions to general authority--Forbidden acts. An authority expressed in general terms, however broad, does not authorize an agent to do any act which a trustee is forbidden to do by the law on trusts.

Source: CivC 1877, § 1361, subdiv 3; CL 1887, § 3984, subdiv 3; RCivC 1903, § 1680, subdiv 3; RC 1919, § 1262 (3); SDC 1939, § 3.0205 (3).