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<h1>Termination of agent authority takes effect only when known to agent or to third persons, preserving prior acts.</h1> Termination of an agent's authority is not effective against the agent until it becomes known to him, nor effective against third persons until it becomes known to them; therefore acts by an agent or payments by third persons made in ignorance of a revocation or other termination remain binding on the principal, as illustrated by sales, payments, and post death transactions occurring before notice of termination.