- Statute
- Philippine Civil Code
- Article
- Art. 1891
- Topic
- Obligations of the Agent
- Status
- In force
- Book
- BOOK IV Obligations and Contracts
- Title
- TITLE X AGENCY
- Chapter
- CHAPTER 2 Obligations of the Agent
- Formerly
- Art. 1720a of the old Civil Code
- Year
- 1949
- Cited by
- A Supreme Court decision
The provision
Every agent is bound to render an account of his transactions and to deliver to the principal whatever he may have received by virtue of the agency, even though it may not be owing to the principal. Every stipulation exempting the agent from the obligation to render an account shall be void. (1720a)
Intellegal Wiki · In plain terms
Every agent must account to the principal for what he did and hand over everything he received while acting as agent, even amounts that were not actually owed to the principal. Any clause in the agency contract that tries to excuse the agent from this duty to render an account is void and has no effect.
An editorially maintained plain-language explanation of this provision — not legal advice.
Cases applying this article
- Caridad Segarra Sazon v. Letecia Vasquez-Menancio G.R. No. 192085