GEORGIA CODE (Last Updated: August 20, 2013) |
Title 10. COMMERCE AND TRADE |
Chapter 6. AGENCY |
Article 4. RIGHTS AND LIABILITIES OF AGENT AS TO THIRD PERSONS |
Section 10-6-89. Contract for nonexisting principal void; right of action against purported agent
Latest version.
- 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.
Code 1933, § 4-410, enacted by Ga. L. 1955, p. 346, § 1.