Indiana Statutes

§ 24-4-7-5 — Termination of contract; payment of commissions accrued; failure to comply; attorney's fees and costs

Indiana § 24-4-7-5
JurisdictionIndiana
Art. 4REGULATED BUSINESSES
Ch. 7Contracts With Wholesale Sales Representatives

This text of Indiana § 24-4-7-5 (Termination of contract; payment of commissions accrued; failure to comply; attorney's fees and costs) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 24-4-7-5 (2026).

Text

(a)If a contract between a sales representative and a principal is terminated, the principal shall, within fourteen (14) days after payment would have been due under the contract if the contract had not been terminated, pay to the sales representative all commissions accrued under the contract.
(b)A principal who in bad faith fails to comply with subsection (a) shall be liable, in a civil action brought by the sales representative, for exemplary damages in an amount no more than three (3) times the sum of the commissions owed to the sales representative.
(c)In a civil action under subsection (b), a principal against whom exemplary damages are awarded shall pay the sales representative's reasonable attorney's fees and court costs. However, if judgment is entered for the principal and the

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Related

Ralph Andrews v. MOR/Ryde International, Inc.
2 N.E.3d 794 (Indiana Court of Appeals, 2014)

Legislative History

As added by P.L.238-1985, SEC.1.

Nearby Sections

15
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Bluebook (online)
Indiana § 24-4-7-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-4-7-5.