18A:64-6.1 - Contracts; warranty; violation - New Jersey Statutes

18A:64-6.1.  Contracts;  warranty;  violation
    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 college 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.1969, c. 145, s. 6.