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Section 52:34-15 - Warranty by contractor of no solicitation on commission or contingent fee basis

NJ Rev Stat § 52:34-15 (2019) (N/A)
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52:34-15. Warranty by contractor of no solicitation on commission or contingent fee basis

Every contract or agreement negotiated, awarded or made pursuant to this act shall contain a suitable warranty by the contractor that no person or selling agency has been employed or retained to solicit or secure such contract upon an agreement or understanding for a commission, percentage, brokerage or contingent fee, except bona fide employees or bona fide established commercial or selling agencies maintained by the contractor for the purpose of securing business, for the breach or violation of which warranty the State shall have the right to annul such contract without liability or in its discretion to deduct from the contract price or consideration the full amount of such commission, percentage, brokerage or contingent fee.

L.1954, c. 48, s. 10.

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