Section 209
Agent‟s duty on termination of agency by principal‟s death or insanity
Chapter 11: Agency
When an agency is terminated by the principal dying or becoming of unsound mind, the agent is bound to take, on behalf of the representatives of his late principal, all reasonable steps for the protection and preservation of the interests entrusted to him.
The Indian Contract Act, 1872 (Act No. 9 of 1872). From the updated text on India Code, with later amendments. Being checked against the official copy; amendment notes are not shown yet.
Related sections
- 206Notice of revocation or renunciation
- 207Revocation and renunciation may be expressed or implied
- 208When termination of agent‟s authority takes effect as to agent, and as to third persons
- 210Termination of sub-agent‟s authority
- 211Agent‟s duty in conducting principal‟s business
- 212Skill and diligence required from agent