Section 201 – Written business relationship.
34-44-201. Written business relationship. (1) The business relationship between a sales representative and a principal shall be in a writing signed by both the principal and the sales representative. (2) The writing required by Subsection (1) shall set forth the method by which the sales representative’s commission is: (a) computed; and (b) paid. (3) The […]
Section 202 – Payment of commission — Payment on termination — Settlement.
34-44-202. Payment of commission — Payment on termination — Settlement. (1) The principal shall pay a sales representative all commissions due to the sales representative during the time the business relationship between the principal and sales representative is in effect in accordance with the writing required by Section 34-44-201. (2) If a business relationship between […]
Section 203 – Revocable offer of commission.
34-44-203. Revocable offer of commission. If a principal makes a revocable offer of a commission to a sales representative, the sales representative is entitled to the commission agreed upon under the business relationship if: (1) the principal revokes the offer of commission; (2) the sales representative establishes that the revocation is for a purpose of […]