Statutes > Mississippi Statutes > TITLE 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS > Chapter 87 - Contracts Between Out-of-State Principals and Commissioned Sales Representatives. > 75-87-5 - Commissions due and payable within 21 days of termination of sales representative's contract.

75-87-5 - Commissions due and payable within 21 days of termination of sales representative's contract.

§ 75-87-5. Commissions due and payable within 21 days of termination of sales representative's contract.
  

Whenever the contract between a sales representative and any principal is terminated, all commissions due the sales representative by the principal shall be due and payable within twenty-one (21) days of such termination. 
 

Sources: Laws,  1988, ch. 588, § 3, eff from and after July 1, 1988, and it shall be applicable to contracts entered into after July 1, 1988.