§ 66-191. Payment of commissions; termination. - North Carolina Statutes

§ 66‑191.  Payment ofcommissions; termination.

When a contract between asales representative and a principal is terminated for any reason other thanmalfeasance on the part of the sales representative, the principal shall paythe sales representative all commissions due under the contract within 30 daysafter the effective date of the termination and all commissions that become dueafter the effective date of termination within 15 days after they become due.If the principal does not make payment as required by this section, the salesrepresentative shall make a written demand upon the principal, sent bycertified mail, for the commissions then due. The principal shall respond inwriting to the demand within 15 days after the principal receives the writtendemand. (1989,c. 506, s. 1; 2003‑331, s. 1.)