Current through Session Law 2024-56
Section 66-192.1 - Revocable offers of commission; entitlementIf a principal makes a revocable offer of a commission to a sales representative, the sales representative is entitled to the commission agreed upon if:
(1) The principal revokes the offer of commission;(2) The sales representative establishes that the revocation was for the purpose of avoiding payment of the commission;(3) The revocation occurs after the principal has obtained a written order for the principal's product or service because of the efforts of the sales representative; and(4) The principal's product or service that is the subject of the order is provided to and paid for by a customer.N.C. Gen. Stat. § 66-192.1
Added by 2003 N.C. Sess. Laws 0331, s. 1, eff. 10/1/2003.