Chapter IV: The different ways in which the term of office ends.

The mandate ends: By the revocation of the mandatary, By the latter’s renunciation of the mandate, By the death, guardianship of adults or the insolvency of either the principal or the mandatary. The mandate is terminated by the death, guardianship of adults or the insolvency of either the principal or the mandatary.

The principal may revoke his power of attorney whenever he sees fit and compel, where appropriate, the agent to surrender to him either the private writing containing it, or the original of the power of attorney, if it has been issued under patent, or the copy, if a record of it has been kept.

Revocation notified to the agent alone cannot be set up against third parties who dealt in ignorance of this revocation, except for the principal his recourse against the agent.

The appointment of a new agent for the same matter shall be equivalent to the revocation of the first agent, with effect from the day on which it was notified to the latter.

The agent may renounce the mandate, by notifying the principal of his renunciation. Nevertheless, if such renunciation prejudices the principal he must be compensated by the agent, unless the agent finds it impossible to continue the mandate without suffering considerable prejudice himself.

If the agent is unaware of the death of the principal or of one of the other causes which cause the mandate to cease, what he has done in that ignorance is valid.

In the above cases, the agent’s undertakings are enforced against third parties who are acting in good faith.

In the event of the death of the agent, his heirs must give notice to the principal, and provide, in the meantime, for what the circumstances require in the interest of the principal.