Los factores no podrán traficar por su cuenta particular, ni interesarse en nombre propio ni ajeno en negociaciones del mismo género de las que hicieren a nombre de sus principales, a menos que éstos los autoricen expresamente para ello.
Si negociaren sin esta autorización, los beneficios de la negociación serán para el principal, y las pérdidas a cargo del factor.
Si el principal hubiere concedido al factor autorización para hacer operaciones por su cuenta o asociado a otras personas, no tendrá aquél derecho a las ganancias, ni participará de las pérdidas que sobrevinieren.
Si el principal hubiere interesado al factor en alguna operación, la participación de éste en las ganancias será, salvo pacto en contrario, proporcionada al capital que aportare; y no aportando capital será reputado socio industrial.
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