24-4-7-1. "Commission"

IN Code § 24-4-7-1 (2019) (N/A)
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Sec. 1. As used in this chapter, "commission" means compensation that accrues to a sales representative, for payment by a principal, at a rate expressed as a percentage of the dollar amount of orders taken or sales made by the sales representative.

As added by P.L.238-1985, SEC.1.