S.B.
126
SALES REPRESENTATIVE COMMISSION PAYMENT ACT
senate floor
Amendments
Amendment 2 January 29, 2007 11:15 am
Senator Sheldon L Killpack
proposes the following amendments:
1. Page
3, Lines 69 through 78
:
69
(4) (a) Except as provided in Subsection (4)(b), "sales representative" means a person
70
who enters into a business relationship with a principal:
71
(i) to solicit orders for a product or a service described in Subsection (3)(a); and
72
(ii) under which the person is compensated, in whole or in part, by commission.
73
(b) "Sales representative" does not include:
74
(i) an employee of a principal;
75
(ii) a person licensed under Title 31A, Insurance Code;
76
(iii) a person licensed under Title 61, Chapter 2, Division of Real Estate;
{
or
}
77
(iv) a person who provides a product or service under a business relationship with a
78
principal that is incident to the purchase or sale of real property
; or
(v) a person who places an order or purchases a product or service for that person's own account
for resale
.
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