Virginia Statutes

§ 59.1-455 — Definitions

Virginia § 59.1-455
JurisdictionVirginia
Title 59.1TRADE AND COMMERCE
Ch. 37CONTRACTS; INDEPENDENT SALES REPRESENTATIVES

This text of Virginia § 59.1-455 (Definitions) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 59.1-455 (2026).

Text

As used in this chapter, unless the context requires a different meaning: "Commission" means compensation accruing to a sales representative for payment by a principal, the rate of which is expressed as a percentage of the total dollar amount of orders or sales or as a specified amount per order or per sale. "Principal" means a person who manufactures, produces, imports or distributes a product for wholesale and who contracts with a sales representative to solicit orders or sales for such product and compensates the sales representative, in whole or in part, by commission. "Sales representative" means a person other than an employee who contracts with a principal to solicit wholesale orders or sales and who is compensated, in whole or in part, by commission, but shall not include a pers

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

Legislative History

1993, c. 736.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Virginia § 59.1-455, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/59.1/59.1-455.