Current through P.L. 171-2024
Section 24-4-7-7 - Commission; revocable offer; entitlement(a) If a principal makes a revocable offer of a commission to a sales representative who is not an employee of the principal, the sales representative is entitled to the commission agreed upon if:(1) the principal revokes the offer of commission and the sales representative establishes that the revocation was for a purpose of avoiding payment of the commission;(2) the revocation occurs after the sales representative has obtained a written order for the principal's product because of the efforts of the sales representative; and(3) the principal's product that is the subject of the order is shipped to and paid for by a customer.(b) This section may not be construed:(1) to impair the application of IC 32-21-1 (statute of frauds);(2) to abrogate any rule of agency law; or(3) to unconstitutionally impair the obligations of contracts.As added by P.L. 138-1990, SEC.1. Amended by P.L. 1-1993, SEC.193; P.L. 2-2002, SEC.76.