N.C. Gen. Stat. § 66-192.1
Revocable offers of commission; entitlement
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
If a principal makes a revocable offer of a commission to a sales representative, the sales representative is entitled to the commission agreed upon if:
If 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;
(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;
(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
(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.
(4) The principal’s product or service that is the subject of the order is provided to and paid for by a customer.
History
(2003-331, s. 1.)
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.