Section 8-24-1 Definitions. As used in this chapter, the following terms shall have the following meanings, respectively, unless the context clearly indicates otherwise: (1) COMMISSION. Compensation accruing to a sales representative for payment by a principal, the rate of which is expressed as a percentage of the dollar amount of certain orders or sales. (2) […]
Section 8-24-2 When commission is due; payment. (a) The terms of the contract between the principal and sales representative shall determine when a commission is due. (b) If the time when the commission is due cannot be determined by a contract between the principal and sales representative, the past practices between the parties shall control, […]
Section 8-24-3 Failure to pay commission. A principal who fails to pay a commission as required by Section 8-24-2 is liable to the sales representative in a civil action for three times the damages sustained by the sales representative plus reasonable attorney’s fees and court costs. (Acts 1985, No. 85-543, p. 782, §3; Acts 1994, […]
Section 8-24-4 When nonresident principal considered to be doing business in state. A principal who is not a resident of this state and who enters into a contract subject to this chapter is considered to be doing business in this state for purposes of the exercise of personal jurisdiction over the principal. (Acts 1985, No. […]
Section 8-24-5 Waiver of chapter provisions; other rights or remedies. (a) This chapter may not be waived, whether by express waiver or by any provision in a contract attempting to make the contract or agreement subject to the laws of another state. A waiver of any provision of this chapter is void. (b) This chapter […]
