Agent's liability

Checkout our iOS App for a better way to browser and research.

§5-917. Agent's liability

An agent that violates this Part is liable to the principal or the principal's successors in interest for the amount required to:   [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

1.  Restore property.  Restore the value of the principal's property to what it would have been had the violation not occurred; and  

[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

2.  Reimburse fees and costs.  Reimburse the principal or the principal's successors in interest for the attorney's fees and costs paid on the agent's behalf.  

[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]

SECTION HISTORY

PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).


Download our app to see the most-to-date content.