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Terms Used In Maine Revised Statutes Title 10 Sec. 1342

  • Contract: A legal written agreement that becomes binding when signed.
  • Principal: means a person, partnership, corporation or other business entity that does not have a permanent or fixed place of business in this State and that:
A. See Maine Revised Statutes Title 10 Sec. 1341
  • Sales representative: means a person who:
  • Unless a contract between a sales representative and a principal provides otherwise, a party terminating the contract must give the other party 14 days’ written notice of the termination. [PL 1991, c. 296 (NEW).]
    SECTION HISTORY

    PL 1991, c. 296 (NEW).