1. The execution proceedings adopted for a commercially mortgaged item shall apply to the execution against goods and items in possession of the agent. 2. Where the agent is assigned to sell the goods or items in his possession, he may obtain execution thereon by selling them without having to comply with the proceedings referred to Clause (1) above, unless he fails to implement the principal's express instructions issued in respect of the sale.
Interpretation and application must be checked against the official text and current version.