Maine § 7 §1023 Brokers and agents

Maine Statutes

§ 7 §1023 — Brokers and agents

Maine·Title 7 AGRICULTURE AND ANIMALS·Part 2 MARKETING, GRADING AND LABELING·Ch. 103 PRODUCTS CONTROLLED

1.Brokerage fee. The brokerage fee, if any, shall be an agreed upon percentage of the gross proceeds from the sale, exclusive of the costs of transportation, and shall be charged the seller only upon receipt of payment in full of said gross proceeds from the buyer.

2.Duties of brokers. In addition to all the duties of the broker otherwise imposed by law or by agreement, the broker has the following duties.

3.Agents contracts. A person required to be licensed by this Article may not act as an agent for any grower without first having an agreement with the grower reduced to a written contract clearly defining the duties and responsibilities of both parties, the extent of the agent's authority in distributing the potatoes or rotation crops, and the agent's fee or selling charge, if any. 4.

Free access — add to your briefcase to read the full text and ask questions with AI

1.
Brokerage fee.
The brokerage fee, if any, shall be an agreed upon percentage of the gross proceeds from the sale, exclusive of the costs of transportation, and shall be charged the seller only upon receipt of payment in full of said gross proceeds from the buyer.
2.
Duties of brokers.
In addition to all the duties of the broker otherwise imposed by law or by agreement, the broker has the following duties.
3.
Agents contracts.
A person required to be licensed by this Article may not act as an agent for any grower without first having an agreement with the grower reduced to a written contract clearly defining the duties and responsibilities of both parties, the extent of the agent's authority in distributing the potatoes or rotation crops, and the agent's fee or selling charge, if any.
4.
Agent's fees.
The agent's fee or selling charge shall be charged the seller only upon receipt from the buyer of payment in full of the gross proceeds from the sale.
5.
Duties of agents.
In addition to all the duties of the agent of any grower otherwise imposed by law, rule or regulation, or by agreement, the agent has the same duties as are imposed upon the broker by subsection 2, paragraphs A, B and C.

Maine § 7 §1023 (Brokers and agents) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.