Sales Representatives Protection Act

Summary

Sales Representatives Protection Act - Requires a principal who, without good cause, terminates or fails to renew a contract between such principal and a sales representative, or reduces the rate of commission for orders solicited on behalf of such principal, to indemnify the representative according to this Act. Requires a principal who reduces the size of the geographic territory assigned to a representative for a specified account, which results in a specified reduction in commissions, to indemnify such representative. Sets forth formulae for the indemnification of such representatives. Requires a principal to furnish specified information to a sales representative concerning orders placed through the representative's account and a monthly accounting of commissions due such representative. Allows a plaintiff to bring an action to enforce any rights or liabilities created by this Act in a United States district court. Stipulates the procedure for such action.

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Timeline

1. 1 June 1977

   Introduced

   Referred to House Committee on Interstate and Foreign Commerce.

   Source: IntroReferral

2. 1 June 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 1 June 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 1 June 1977

  Open at official source

Sponsors

• Rep. Mikva, Abner J. [D-IL-10] · D · Sponsor
• Rep. Hanley, James M. [D-NY-32] · D · Cosponsor
• · hsif00 · Standing

Related records

• related to → Sales Representatives Protection Act