Agent's duty on termination of agency requires reasonable protective steps for the principal's representatives after death or unsound mind. When an agency is terminated by the principal dying or becoming of unsound mind, the agent must, on behalf of the representatives of the late or incapacitated principal, take all reasonable steps to protect and preserve the interests entrusted to him.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Agent's duty on termination of agency requires reasonable protective steps for the principal's representatives after death or unsound mind.
When an agency is terminated by the principal dying or becoming of unsound mind, the agent must, on behalf of the representatives of the late or incapacitated principal, take all reasonable steps to protect and preserve the interests entrusted to him.
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