24-4-17-4. "Commission"

IN Code § 24-4-17-4 (2019) (N/A)
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Sec. 4. As used in this chapter, "commission" means the fee that a consignor and a retail merchant have agreed that the retail merchant may retain after the sale of the consignor's item to a third party. The term includes any form of compensation, including a percentage of the actual selling price of an item.

As added by P.L.85-2009, SEC.2.