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      CC 3029     

  

Art. 3029. Termination by the mandatary

            The mandate and the authority of the mandatary terminate when the mandatary notifies the principal of his resignation or renunciation of his authority. When a mandatary has reasonable grounds to believe that the principal lacks capacity, the termination is effective only when the mandatary notifies another mandatary or a designated successor mandatary. In the absence of another mandatary or a designated successor mandatary, the termination is effective when the mandatary notifies a person with a sufficient interest in the welfare of the principal.

            Acts 1997, No. 261, §1, eff. Jan. 1, 1998; Acts 2014, No. 356, §2.



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