Thailand Law Library

by Thailand Lawyer

Chapter 3: Duties and Liabilities of the Principal to the Agent

The principal must, if so required, advance to the agent such sums as are necessary for the execution of the matters entrusted to him.

If the agent in executing the matters entrusted to him has made advances or expenses which could reasonably be regarded as necessary, he may claim from the principal reimbursement with interest from the day when they were made.

If the agent in executing the matters entrusted to him has assumed an obligation which could reasonably be regarded as necessary, he may require the principal to perform in his place or if the time of its maturity has not yet arrived, to give proper security.

If the agent by reason of the execution of the matters entrusted to him has suffered damage without fault on his part he may claim compensation from the principal.

In case remuneration is to be paid, it is payable, unless otherwise agreed, only after the agency has come to an end.

The agent is not entitled to remuneration in respect of that part of his agency which he has misconduct.

The agent is entitled to retain any property of the principal in his possession by reason of agency until he has been paid all that is due to him on account of agency.