B. Effects
I. Relations between principal and payee
1 Where the purpose of the payment instruction is to redeem a debt owed by the principal to the payee, the debt is redeemed only once the agent has made the transfer.
2 However, where the payee has accepted a payment instruction, he may assert his claim against the principal only if he called for payment from the agent but did not receive it before expiry of the term stipulated in the payment instruction.
3 A creditor who does not wish to accept a payment instruction received from his debtor must notify the debtor immediately in order to avoid liability in damages.
E. Fin de la procuration et des autres mandats commerciaux
1 La procuration et le mandat commercial sont révocables en tout temps, sans préjudice des droits qui peuvent résulter du contrat indivaiduel de travail, du contrat de société, du mandat ou des autres relations juridiques existant entre parties.1
2 La mort du chef de la maison ou la perte de l’exercice de ses droits civils n’entraîne la fin ni de la procuration, ni du mandat commercial.
1 Nouvelle teneur selon le ch. II art. 1 ch. 11 de la LF du 25 juin 1971, en vigueur depuis le 1er janv. 1972 (RO 1971 1461; FF 1967 II 249). Voir aussi les disp. fin. et trans. tit. X à la fin du texte.
