New Jersey Statutes 56:4-1.1. Contracts to restrain resale of commodity at lower than stipulated price; unenforceability
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Terms Used In New Jersey Statutes 56:4-1.1
- Contract: A legal written agreement that becomes binding when signed.
Any contract provision that purports to restrain a vendee of a commodity from reselling such commodity at less than the price stipulated by the vendor or producer shall not be enforceable or actionable at law.
L.1975, c. 107, s. 3.