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Cap. 13 · Commercial Code (Cap. 13)

Cap. 13 Art. 75Duties of a principal to his commercial agent.

Sub-title IV

In forceOfficial text

(1) In his relations with his commercial agent a principal shall act dutifully and in good faith.

(2) In particular, a principal shall -

(a) provide his commercial agent with the necessary documentation relating to the goods concerned;

(b) obtain for his commercial agent the information necessary for the performance of the agency contract, and in particular notify his commercial agent within a reasonable period where he anticipates that the volume of commercial transactions will be significantly lower than that which the commercial agent could normally have expected.

(3) A principal shall, in addition, inform his commercial agent within a reasonable period of his acceptance or refusal of, and of any non-execution by him of, a commercial transaction which the commercial agent has procured for him.

Amendment history
  • Amended by IX.2003.3