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Official Code of Georgia Annotated

Title 10. COMMERCE AND TRADE · Chapter 1. SELLING AND OTHER TRADE PRACTICES · Article 24. WHOLESALE DISTRIBUTION BY OUT-OF-STATE PRINCIPAL

10-1-700. Definitions.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. As used in this article, the term:

  2. (1)

    “Commission” means compensation accruing to a sales representative for payment by a principal, the rate of which is expressed as a percentage of the dollar amount of orders or sales or as a specified amount per order or per sale.#

  3. (2)

    “Principal” means a person who does business in this state and who:#

    1. (A)

      Manufactures, produces, imports, or distributes a tangible product for wholesale;#

    2. (B)

      Contracts with a sales representative to solicit orders for the product; and#

    3. (C)

      Compensates the sales representative in whole or in part by commission.#

  4. (3)

    “Sales representative” means a person who contracts with a principal to solicit wholesale orders and who is compensated in whole or in part by a commission, but such term does not include one who places orders or purchases for his or her own account for resale.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 10-1-700, enacted by Ga. L. 1986, p. 884, § 1; Ga. L. 1993, p. 1092, § 1.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, page 509; merge action: carried; file SHA-256 7afbade16da7.