Indiana Statutes

§ 24-4-7-7 — Commission; revocable offer; entitlement

Indiana·Art. 4 REGULATED BUSINESSES·Ch. 7 Contracts With Wholesale Sales Representatives
(a)If a principal makes a revocable offer of a commission to a sales representative who is not an employee of the principal, the sales representative is entitled to the commission agreed upon if:
(1)the principal revokes the offer of commission and the sales representative establishes that the revocation was for a purpose of avoiding payment of the commission;
(2)the revocation occurs after the sales representative has obtained a written order for the principal's product because of the efforts of the sales representative; and
(3)the principal's product that is the subject of the order is shipped to and paid for by a customer.
(b)This section may not be construed:
(1)to impair the application of IC 32-21-1 (statute of frauds);
(2)to abrogate any rule of agency law; or
(3)to unconsti

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Indiana § 24-4-7-7 (Commission; revocable offer; entitlement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.138-1990, SEC.1. Amended by P.L.1-1993, SEC.193; P.L.2-2002, SEC.76.

Nearby Sections

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