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Senate Bill 0137


Senate Bill 0137

ARCHIVE (2013)

Latest Information

 

DIGEST OF INTRODUCED BILL


Independent sales representative commissions. Establishes the time at which a commission is due an independent sales representative who contracts with a principal to solicit orders for a product manufactured, produced, imported, or distributed by the principal. Provides that, when a contract between an independent sales representative and a principal is terminated, the principal shall pay a commission not later than 13 days after the commission is due, for commissions due after termination, or 13 days after the date of termination, for commissions due at termination. Provides that a principal who fails to pay a commission when it is due is liable in a civil action for exemplary damages of not more than three times the sum of the commission owed, plus reasonable attorney's fees and court costs. Provides that a provision in a contract to waive the required payment times is void.
    Current Status:
     In Committee - first House
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