South Carolina § 39-65-10 Definitions.

South Carolina Statutes

§ 39-65-10 — Definitions.

South Carolina § 39-65-10

Title 39TRADE AND COMMERCE

Ch. 65PAYMENT OF POST-TERMINATION CLAIMS TO SALES REPRESENTATIVES

This text of South Carolina § 39-65-10 (Definitions.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 39-65-10 (2026).

Text

As used in this chapter:

(1)"Commissions" means compensation accruing to a sales representative for payment by a principal, the rate of which is expressed as a percentage of the amount of orders or sales or as a specified amount of each order or sale.

(2)"Person" means an individual, corporation, partnership, association, estate, or trust.

(3)"Principal" means a person who:

(a)manufactures, produces, imports, or distributes a tangible product for wholesale;

(b)contracts with a sales representative to solicit orders for the product; and (c) compensates the sales representative, in whole or in part, by commission.

(4)"Sales representative" means a person who:

(a)contracts with a principal to solicit wholesale orders;

(b)is compensated, in whole or in part, by commission;

(c)does not

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As used in this chapter: (1) "Commissions" means compensation accruing to a sales representative for payment by a principal, the rate of which is expressed as a percentage of the amount of orders or sales or as a specified amount of each order or sale. (2) "Person" means an individual, corporation, partnership, association, estate, or trust. (3) "Principal" means a person who: (a) manufactures, produces, imports, or distributes a tangible product for wholesale; (b) contracts with a sales representative to solicit orders for the product; and (c) compensates the sales representative, in whole or in part, by commission. (4) "Sales representative" means a person who: (a) contracts with a principal to solicit wholesale orders; (b) is compensated, in whole or in part, by commission; (c) does not place orders or purchase for his own account or for resale; and (d) does not sell or take orders for the sale of products to the ultimate consumer.