Section 191-B. Contracts with sales representatives  


Latest version.
  • 1. When a principal
      contracts with a sales representative to solicit wholesale orders within
      this state, the contract shall be in writing and  shall  set  forth  the
      method by which the commission is to be computed and paid.
        2. The principal shall provide each sales representative with a signed
      copy  of  the contract.  The principal shall obtain a signed receipt for
      the contract from each sales representative.
        3. A sales representative during the course of the contract, shall  be
      paid  the  earned  commission  and all other monies earned or payable in
      accordance with the agreed terms of the contract,  but  not  later  than
      five business days after the commission has become earned.