North Dakota Code 3-01-11 – Termination of agency
Current as of: 2023 | Check for updates
|
Other versions
1. An agency is terminated as to every person having notice thereof by:
Terms Used In North Dakota Code 3-01-11
- Contract: A legal written agreement that becomes binding when signed.
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
a. Expiration of its term; b. Extinction of its subject; c. Death of the agent; d. Renunciation by the agent; or
e. Incapacity of the agent to act as such.
2. Unless the power of an agent is coupled with an interest in the subject of the agency, it is terminated as to every person having notice thereof by:
a. Its revocation by the principal; b. Death of the principal; or
c. Incapacity of the principal to contract.