A-9 - Collecting Agents Act

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6. Whenever a collecting agent refuses or neglects to hand over to his mandator the sums collected for the latter, after deducting the costs of collection, such mandator may require the surety to fulfil his obligations, and, if he fails to do so, may institute proceedings against the surety, under the guarantee policy.
R. S. 1964, c. 43, s. 6.