Statutes > Mississippi Statutes > TITLE 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS > Chapter 87 - Contracts Between Out-of-State Principals and Commissioned Sales Representatives. > 75-87-3 - Sales representative contract to set forth means by which commissions shall be computed and paid.

75-87-3 - Sales representative contract to set forth means by which commissions shall be computed and paid.

§ 75-87-3. Sales representative contract to set forth means by which commissions shall be computed and paid.
  

Whenever any principal enters into an oral or written contract with a sales representative for services to be rendered within this state and the contemplated method of compensation of the sales representative involves a commission, the contract shall set forth the means by which the commission shall be computed and paid. 
 

Sources: Laws, 1988, ch. 588, § 2, eff from and after July 1, 1988, and it shall be applicable to contracts entered into after July 1, 1988.