Laws

Statute – “The principal may terminate the mandate and the authority of the mandatary at any time. A mandate in the interest of the principal, and also of the mandatary or of a third party, may be irrevocable, if the parties so agree, for as long as the object of the contract may require.” (§ 3025)

Notice – “The principal must notify third persons with whom the mandatary was authorized to contract of the revocation of the mandate or of the mandatary’s authority. If the principal fails to do so, he is bound to perform the obligations that the mandatary has undertaken.” (§ 3028)

Signing Requirements – Acknowledgment of Two (2) Witnesses or Notary Public Recommended